Credit Demand

After two months of losses, banking stocks are showing signs of revival as credit growth stabilises and retail demand picks up

Weekly Numerics | Suspension spree in the Parliament, Indian students’ spending abroad soars, and the rise in credit demand

With the 2024 Budget session left, the 17th Lok Sabha has already seen the most number of suspensions in India’s legislative history. Meanwhile, expenditure of Indian students going abroad is on the rise and is expected cross USD 70 billion annually by 2025, according to estimates.

Bankers highly optimistic about credit demand across sectors: RBI survey

"We observe that bankers are highly optimistic of credit demand across all the main sectors in the coming quarters, viz., Q4:2022-23 to Q2:2023-24," a paper based on the survey released in the February bulletin of the RBI said.

Axis Bank raises Rs 12,000 crore from 10-year Basel-III bonds at 7.88% coupon

The bank shall utilize 100% of the proceeds of the Issue for its regular business activities and to meet the demand for financing.

Banks rush to raise funds via corporate bonds as credit demand picks up

In the past two weeks, some banks have raised more than Rs 5,000 crore through bonds of various tenures. Going forward, IDFC First Bank, Kotak Mahindra Bank, Bank of India and J&K Bank are expected to mop up funds from the market.

SBI becomes third Indian lender to surpass Rs 5 trillion market cap

SBI now ranks seventh most valued Indian company. Reliance Industries remains India's most-valued company, followed by Tata Consultancy Services, HDFC Bank, Infosys, ICICI Bank and Hindustan Unilever

You just can't miss the pent-up demand for bank credit

Growth in non-food bank credit outstanding this fiscal year is not only higher than in pre-pandemic times, but the highest in at least the last ten years

As credit demand grows in India, banks may soon be scrambling for deposits

Deposit growth has floundered as high inflation has resulted in less savings, as would be depositors are choosing to put money into shares and mutual funds in search of better returns, said Madan Sabnavis, chief economist at state-owned lender Bank of Baroda.

Bank credit demand may almost double to 9-10% in FY22: Report

In the current fiscal, bank credit is expected to rise 4-5 percent despite the sharpest contraction in the economy since Independence. As per the Crisil report, the economy is likely to grow at 11 percent in FY22.

Union budget 2021: Creation of bad bank, additional demand stimulus measures key for banking sector

Bank credit growth remains depressingly slow due to poor demand in the economy and erosion in consumer confidence.

Women, non-metros topping up on credit, says BankBazaar survey

Another trend highlighted in the report is that women are availing larger home loans as compared to men

Repair rural household economy to sustain growth: SBI chief

Calling for focussing on farm sector growth to sustain higher overall growth, the State Bank of India today said revival in credit demand will stay low until the balance sheets of the rural households are repaired.

CIBIL launches credit ranking system for MSMEs

Earlier, the risk posed to the MSME sector was not computable owing to the lack of data.

Festive Pulse Meter: Bank credit demand revival on cards?

Banks have their hopes pinned on festive season for demand pick up. In the third part of this special series, CNBC-TV18‘s Ritu Singh does a ground check to find out whether the festive offers are good enough to revive credit demand for the sector.

Need to cut lending rates as credit demand low: UCO Bk

In an interview to CNBC-TV18, Arun Kaul of UCO Bank, shares his views on the RBI's latest monetary policy.

HCV demand to pick up on infra focus: Shriram Transport

In an interview with CNBC-TV18‘s Sonia Shenoy and Anuj Singhal, Shriram Transport Finance‘s Umesh Revankar spoke about the trends in the commercial vehicle industry and whether he sees credit offtake picking up on increasing demand.

Will maintain gross NPL at current level: Shriram Transport

"I don‘t think there will be robust growth for next one-two months. May be in the last quarter January to March there could be some movement in the industrial products," Umesh Revankar, MD, Shriram Transport Finance said.

SBI's corporate loans to grow despite gloomy economy

India's top lender SBI is likely to grow its corporate loans at a higher pace than that of its overall loan expansions, projected at 15-16% for 2012-13. According to Santosh Nayar, DMD (Corporate Banking), the bank‘s dominant presence in project financing will support the growth despite the prevailing gloom in economic activities.

Bankers want RBI to halt rate hike

Fearing a deterioration in asset quality and to fire up credit demand, top bankers today urged the Reserve Bank to pause on its interest rate hike cycle that has already seen 12 hikes in the past 19 months.

Impact of rate hike on credit demand a concern: Future Cap

V Vaidyanathan, chairman and managing director of Future Capital Holdings said that the interest rate hike and its impact on credit demand have become key concerns for the company.