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Latest Articles in credit

PSBs have done very well, they’re showing clear profits: FM Sitharaman

Banks to go for second credit outreach in all districts of the country from October

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Odisha CM appreciates banks, districts for making coordinated efforts to improve lending to priority sectors

Odisha CM appreciates banks, districts for making coordinated efforts to improve lending to priority sectors

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Moody's Revises India's 2020 GDP Growth Forecast To 10.6 Per Cent Contraction From 11.5 % Earlier

Moody's also forecast government debt to increase to 89.3 per cent of GDP in 2020 and decline to 87.5 per cent in 2021, from an already elevated 72.2 per cent in 2019.

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IMF Approves Colombia's Request To Raise Credit Line By $6.2 Bln

"This represents an SDR 4.4174 billion increase (about USD 6.2 billion) in relation to the two-year arrangement that was approved on May 1, 2020."

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SBI providing USD 16 million liquidity support for local businesses in Maldives

SBI providing USD 16 million liquidity support for local businesses in Maldives

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'No More Tickets To Government Agencies On Credit,' Says Air India Official

Tickets on credit are not being issued to the government departments or agencies against whom the pending dues is Rs 10 lakh or more.

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India's Credit Squeeze Pushes Growth To A Six-Year Low: Fitch Ratings

Weakness has been fairly broad-based, with both domestic spending and external demand losing momentum.

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Care Puts JSW Energy's Bank Facilities, NCDs On Credit Watch With Negative Implications

"The ability of JEL to maintain envisaged operational parameters amid tepid domestic power sector and any major capital expenditure or large debt-funded acquisition impacting the overall financial risk profile of the company remains key rating sensitivities," said Care.

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Bank Credit Growth Slows To 10.24 Per Cent, Deposits At 9.73 Per Cent

In the previous fortnight to August 16, advances grew 11.64 per cent to Rs 96.82 lakh crore and deposits by 10.15 per cent to Rs 126.80 lakh crore.

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RBI's Task Force Recommends Moves To Ease Credit Markets

These moves are aimed at developing India’s credit markets and come at a time when the country is facing a liquidity crisis among its shadow banks after the collapse of IL&FS, one of the biggest shadow banks, last year.

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FinTech Revolution That Will Drive Credit Awareness & Penetration In India

Technology helps people become more aware, and enables them to use that information to reduce clutter and confusion in order to make better financial choices

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Emerging Players In Farm Credit Market & Wish For New Beginning

Farmers who fall into the money lending trap find themselves locked in a nationally known as white-knuckle gamble, juggling ever larger loans at usurious interest rates, in the hope that someday a bumper harvest will allow them to clear their debts, possibly a hope that let them live and let them practice again—so they can take up new ones

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India Extends $2 Billion Credit Line To Bangladesh

India has signed an agreement extending $2 billion in development financing to Bangladesh, the Indian government's external lending arm said on Thursday, in the agency's biggest ever credit facility to another country

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Banks' Loans Rose 11.5% In Two Weeks To February 5: RBI

Outstanding loans rose Rs 63,090 crore ($9.21 billion) to Rs 71.53 trillion in the two weeks to February 5. Non-food credit rose Rs 56,580 crore to Rs 70.45 trillion, while food credit rose Rs 6,510 crore to Rs 1.09 trillion

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Banks See Credit Pick Up As India Inc Borrows Again

India's banks say they expect credit growth to pick up moderately this financial year after falling to an almost two-decade low, as consumer confidence grows and companies resume borrowing to keep plants running and fund new projects

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