Aug 31, 2021 07:48 PM IST
The credit growth across sectors slumped due to falling demand after the COVID-19 pandemic hit the Indian economy. However, the government’s initiatives to push credit to the productive sectors through government-guaranteed schemes have helped to create demand.
- Jun 29, 2021 06:32 PM IST
Personal loans continued to grow at a robust pace and recorded 13.5 per cent growth y-o-y in March 2021. Credit to the household sector rose by 10.9 percent and its share in total credit rose to 52.6 per cent in March 2021 from 49.8 percent a year ago, the central bank said.
- Jun 11, 2021 07:44 PM IST
A higher CRAR reallocates loan portfolios away from unsecured loans towards secured and low-risk loans, the researchers said in an RBI occasional paper.
- May 27, 2021 09:58 AM IST
Both Canara Bank and SBI reported strong earnings for the March 2021 quarter.
- Dec 31, 2020 07:14 PM IST
Reversing the downtrend, credit growth to agriculture and allied activities accelerated to 8.5
percent in November 2020.
- Nov 03, 2020 02:35 PM IST
The country's second largest state-owned lender expects the credit growth to pick up slightly in the second half but it would be less than 5 per cent for the entire fiscal.
- Jun 02, 2020 10:24 AM IST
Salary cuts and layoffs seem to have affected consumption and personal loans.
- Feb 07, 2020 08:52 AM IST
"If you want to reach a USD 5 trillion economy, the outstanding credit, which is around Rs 95-98 trillion, it will have to be doubled, which means we need to grow (credit) at around 15 per cent," State Bank of India's Chairman Rajnish Kumar said at an IBA event.
- Jan 21, 2020 12:31 AM IST
The bank saw Rs 1062 crore worth of new additions to bad loans in the third quarter. The lender had reported slippages of Rs 800 crore in the first and Rs 1000 crore in the second quarter of current financial year.
- Nov 14, 2019 07:53 PM IST
The bank may look at raising up to Rs 4,000 crore via Additional Tier-1 bonds in the fourth quarter if required.
- Oct 16, 2019 10:14 PM IST
Rai said that banks may impose the commitment fees on unutilised credit limits from large and mid-sized corporates.
- Aug 19, 2019 01:45 PM IST
Bank credit numbers give us an insight about the extent of the slowdown
- Aug 07, 2019 06:37 PM IST
In this episode of Editor’s Take, Shraddha Sharma talks to Moneycontrol's Deputy Executive Editor Ravi Krishnan about the unique rate cut by the MPC
- Jul 04, 2019 03:45 PM IST
The Indian banking sector has been reeling under the pressure of rising bad loans. However, lenders, including state-run banks, showed improvement in the asset quality.
- 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.
- Oct 13, 2017 03:50 PM IST
The old private sector lender, which reported a deterioration in its asset quality in the second quarter, will look at pulling itself up in the next two years as it aims to raise Rs 800 crore this year.
- Jun 27, 2017 07:45 PM IST
Credit growth may pick up to 15 percent in FY18 from 9 percent in FY17 with the demonetisation shock tapering off and rate cuts on the anvil, according to Bank of America- Merrill Lynch.
- May 18, 2017 01:24 PM IST
- May 10, 2017 08:50 PM IST
The new fiscal year began on a sour note for bank credit growth, which slipped to 4.32 per cent in the fortnight to April 28, much lower than the 63-year low level of 5.08 per cent in fiscal 2017, the latest RBI data showed.
- Apr 05, 2017 02:53 PM IST
Kailash Baheti of Magma Fincorp expects improvement in provision coverage ratio.
- Mar 31, 2017 01:38 PM IST
Having emerged unscathed from the bad loan mess roiling the banking sector, HDFC Bank is now looking to expand its corporate loan book.
- Mar 15, 2017 03:27 PM IST
- Mar 01, 2017 05:40 PM IST
In one of his addresses, Prime Minister Narendra Modi spoke on the timing of demonetisation, saying that you treat a patient when he is healthy and not when he is weak. His assessment of the economy being healthy at the time of demonetisation seems to be correct if the latest GDP numbers are to be believed.
- Feb 23, 2017 03:19 PM IST
Srikanth Vadlamani of Moody's Investors Service says broader credit growth will be lower in Q4 than before demonetisation levels.
- Feb 17, 2017 08:46 PM IST
PTI,Bank of Maharashtra,signs of improvement,break even in the Q4,credit growth