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Latest Articles in Bank Credit

Bank Credit Rise To 6.48%; Deposits By 10.16%: RBI

In FY2020-21, bank credit had grown by 5.56 per cent and deposit by 11.4 per cent.

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Bank Credit Grows By 5.74 %; Deposits By 9.73 %

Bank advances stood at Rs 102.55 lakh crore and deposits at Rs 139.55 lakh crore in the fortnight ended June 5, 2020

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Non-Food Bank Credit Offtake Slows To 6.5 % In Feb

Credit growth to the services sector accelerated to 9.3 per cent in the month under review from 6.9 per cent in February 2020, mainly due to good performance of credit to transport operators and trade.

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Bank Credit Grows By 5.93%, Deposits By 11.06 %

Non-food credit growth of banks stood at 5.9 per cent as compared to 7 per cent in the same month of the previous year, according to RBI data on Sectoral Deployment of Bank Credit for December 2020

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Singtel Secures $3 Billion In Bank Credit For Subsidiaries

The deals include S$3.45 billion ($2.4 billion) of facilities for Singtel Group Treasury and A$800 million ($510 million) for its Australian subsidiary Optus Finance.

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