Aug 27, 2021 09:18 PM IST
In the year-ago fortnight ended at August 14, 2020, bank advances had stood at Rs 102.19 lakh crore and deposits at Rs 140.80 lakh crore, according to RBI's Scheduled Banks' Statement of Position in India as of July 30, 2021, released on Friday.
- Jun 21, 2021 09:24 PM IST
In the previous fortnight ended May 21, 2021, bank credit had grown at 5.98 percent and deposits at 9.66 percent.
- Apr 06, 2021 02:32 PM IST
The pandemic along with aversion to risky wholesale loans has slowed down credit growth, while deposits have increased because of volatility in equity markets and other asset classes. The second wave of COVID-19 and the extent of lockdowns will shape the outlook.
- Dec 24, 2020 02:18 PM IST
According to the bulletin, responses to RBI surveys suggest that perceptions on retail/personal loans, which were most severely hit during the period, have improved.
- Nov 13, 2020 02:51 PM IST
The modified ECLGS scheme now covers almost all segments of stressed borrowers. Companies can use this money to stay afloat till growth rebounds.
- Nov 10, 2020 03:57 PM IST
Bankers can sense the ground realities often quicker than policymakers. What did they do when COVID hit the Indian economy in 2020? Here’s an analysis.
- Oct 29, 2020 06:02 PM IST
On a year-on-year basis, overall bank credit growth decelerated to 5.8 percent in September this year, as compared with 8.1 per cent in the year-ago period.
- Oct 14, 2020 07:23 PM IST
While industrial credit contracted by 0.6 percent, and its share in overall credit declined to 30.8 per cent from 32.8 per cent a year ago, credit to household sector increased by 9 percent and its share in the total credit rose to 50.2 per cent from 48.7 per cent a year ago
- Jul 09, 2020 09:45 AM IST
Are there no lending opportunities or are bankers scared of lending?
- Jun 08, 2020 07:00 PM IST
It isn’t just SBI Chairman Rajnish Kumar. This view is shared by many officials in sate-run banks who are under pressure to lend to support economic revival but are unable to do so.
- Mar 02, 2020 10:21 AM IST
But these measures are unlikely to help in a big way to revive bank loan demand, the problem is the demand slump and lack of economic activities on the ground, not the high cost of money
- Feb 13, 2020 09:22 AM IST
Despite various steps taken by RBI and the government, bank credit growth is still weak
- Feb 11, 2020 09:23 PM IST
While transmission of lower cost of funds is expected to bring down lending rates, it may not be enough to revive credit demand.
- Nov 25, 2019 09:18 AM IST
The mess in the NBFC sector is a third shock to the economy comparable to demonetisation and GST.
- Nov 04, 2019 03:24 PM IST
"Moreover, with the bond markets remaining risk averse towards NBFCs, the YoY growth in the volume of bonds outstanding is expected to moderate to about 4 percent in FY2020 from 12 percent in FY2019," it said.
- Mar 01, 2019 03:16 PM IST
Credit to NBFCs grew a whopping 48 percent which reflects the bid to provide funds to NBFCs in the aftermath of the liquidity crisis that engulfed the sector since September last year.
- Dec 07, 2018 12:08 PM IST
Overall credit pie will still continue to expand at healthy pace as NBFCs are expected to cede their market share in favor of banks, giving boost to the banking system credit growth.
- Mar 28, 2017 02:29 PM IST
- Jan 30, 2017 07:10 PM IST
Bank credit growth is likely to remain subdued at 5-6 per cent in the current financial year on weak loan demand and as debt market continues to offer better priced, according to a report.
- Feb 24, 2016 04:16 PM IST
Demand for credit would rise gradually from next fiscal, driven by falling differential between the base rates of banks and capital market rates, and healthy retail credit growth. Loan growth is projected at 12-14% for the next fiscal.