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Despite the lower borrowing seen in 2024 and the liquidation of two airlines in 2024, most bankers Moneycontrol spoke to were confident in the growth of the aviation industry, especially the growth of the country's two largest airlines, IndiGo and Air India.
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Bankers are bullish. This optimism could be due to the increased capex spending plans of corporations and start of a lower interest rate era that could spur consumer demand
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Bank lending to renewable energy has galloped in the last two years. There are clear upside risks to this exposure that needs to be closely watched
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Data shows banks are now very selective in funding NBFCs; only top-rated NBFCs get loans at relatively lower rates. Borrowers rated AA and below are struggling to access bank credit
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A senior Air India executive said the price of monthly aircraft leasing contracts has recently risen nearly 1.5-2% compared to 2022, which led to higher borrowing when taking delivery of aircraft for domestic airlines
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In the post-Covid period, personal loans as a percentage of total bank loans have risen significantly. These loans are the first to take hit in the event of an economic crisis. The RBI action has come as a timely step
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While growth in bank credit outstanding has slowed this year compared to 2022, it’s still well above growth during the pre-pandemic initial months of FY20 and FY19
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At least four Indian banks now stand to lose interest income from their loans to Go First that owes a total of Rs 6521 crore to them. Bankruptcy proceedings would put a moratorium on loan repayments
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Analysts believe the lender’s return on equity ratio is set for consistent improvement, as it earns more out of its loan portfolio by clearing away the debris of toxic loans and getting better borrowers incrementally
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The eastern region has the highest dominance by banks, although Tamil Nadu has the highest number of borrowers dealing with multiple lenders.
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The central bank has pulled up lenders for not sticking to rules when it comes to renewal or review of credit facilities
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While large companies with top ratings have managed the situation by accessing money markets and negotiating with lenders, smaller ones with no bargaining power were hit hard.
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Bank lending to almost every sector is shrinking. And for a simple reason. Demand is weak, so companies do not want to invest in capacity expansion
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Forex - Yen a tad stronger ahead of GDP, bank lending, C/Acct data
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Modi, who has had mixed success pushing through his reform agenda since coming to power 16 months ago, has prioritised tackling a problem that is stifling bank lending needed for a revival in Asia's third largest economy, three senior government sources with direct knowledge of the plan said.
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Drawing a comparison with other major central banks around the globe, ECB Vice President Vitor Constancio said the European scheme is dwarfed by past asset buys, particularly by the US Federal Reserve and the Bank of Japan.
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The asset buys, started in March to lift the bloc out of deflation, helped Europe to weather the Greek and Chinese turmoil but euro area inflation could turn negative again in the coming months so the bank stands ready to increase the size, composition and duration of the scheme, if necessary, Constancio said.
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Down a shady lane buzzing with cicadas, a security guard stands inside the near-deserted park's administration building, its foyer featuring a reflecting pool and a two-storey-high stone relief of traditional Chinese figures in flowing robes.
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A new Asian currency war and a delayed Federal Reserve rate hike; these are the potential market-shaking implications of Beijing's decision to devalue the yuan, strategists told CNBC
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Bank lending to the priority sector grew at a moderate rate of over 17% in August due to a rise in education loans and borrowings by micro and small enterprises.
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Growth in bank lending to local government finance vehicles in China has been steadily slowing as Beijing take steps to curb such reckless practices, Communist Party mouthpiece the People's Daily said on Saturday.
