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Latest Articles in credit growth
Credit Growth To MSMEs High, Over 30.5% On Average In Jan-Nov 2022
Union Finance Minister Nirmala Sitharaman tabled the Economic Survey for 2022-23 in Parliament on Tuesday
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Overall Banking Sector To Improve For Rest Of FY23: India Ratings and Research
Ind-Ra has revised its banking credit growth estimate for FY23 to 13.0 per cent YoY from 10.0 per cent
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Banks To Report Mark-To-Market Losses Of Rs 13,000 Crore On Rising Bond Yields: Report
The agency estimated the system will report an incremental credit growth of 10.1-11 per cent or Rs 12-13 lakh crore in FY23
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Credit Growth To Industry Accelerates To 8.7% In May: RBI Data
Data on sectoral deployment of bank credit for May 2022 has been collected from select 40 banks that account for about 93 per cent of the total non-food credit
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Non-Food Bank Credit Grows 5.9 Per Cent In June: RBI Data
Growth in loans to the services sector decelerated to 2.9 per cent in the reporting month from 10.7 per cent in June 2020, mainly due to contraction/deceleration in credit growth to commercial real estate, NBFCs and tourism, hotels and restaurants.
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Credit Growth To Industry Remained In Negative Zone During 2020-21: RBI
Growth in credit to the private corporate sector, however, declined for the sixth successive quarter and its share in total credit stood at 28.3 per cent.
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At 5.56 %, FY21 Credit Growth At 59-Year Low: SBI Research
Credit offtake in FY21 at Rs 109.51 lakh crore was lower than FY20's when it had clocked a growth of 6.14 per cent -- which was the lowest in as many as 58 years.
Read MoreSBI Q3 net profit drops 7 pc to Rs 5,196 cr on higher provisions
SBI Q3 net profit drops 7 pc to Rs 5,196 cr on higher provisions
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Non-Food Bank Credit Grows At 5.9% In December: RBI
Credit to medium industries registered a robust growth of 15.3 per cent as compared to 2.5 per cent a year ago; and credit to micro and small industries registered an accelerated growth of 1.2 per cent in the reporting month as compared to 0.1 per cent a year ago
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India must not neglect bank recap despite pandemic, says former RBI deputy governor
Indian banks are saddled with over $120 billion in bad debt, and in severely stressed conditions the bad-loan ratio could nearly double by March, according to Reserve Bank of India projections.
Read MoreCrisil's Q1 income from operations jumps 13.5 pc to Rs 472 crore
Crisil's Q1 income from operations jumps 13.5 pc to Rs 472 crore
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Incremental Credit Growth Declines 64 Pc In FY20, Could Recover In FY21: ICRA
The incremental credit flow during FY20 declined by 64 per cent from a level of Rs 16.79 lakh crore during FY19
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Bank Credit Growth Moderated To 7.1%
Public sector banks (PSBs) with about 70 per cent of the market share in Indian banking have an onus of supporting the Indian economy and fostering its economic development.
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Survey Pins Hope On GST Revenue Collections To Rein In Fiscal Deficit
In 2019-20, the Centre's fiscal deficit was budgeted at Rs 7.04 lakh crore (3.3 per cent of GDP) as compared to Rs 6.49 lakh crore (3.4 per cent of GDP) in 2018-19.
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Bank Credit Growth To Moderate To 8.5% In FY20: ICRA
ICRA expects year-on-year credit growth to decline to 6.2-6.8 per cent in FY20 from 13.5 per cent in the last financial year.
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