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.
- 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.
- 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.
- 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.
- Feb 17, 2017 08:46 PM IST
PTI,Bank of Maharashtra,signs of improvement,break even in the Q4,credit growth
- Feb 09, 2017 05:21 PM IST
Demonetisation, capital constraints and spike in bad loans has hit the government-owned IDBI Bank hard as its net loss widened to Rs 2255 crore in the October to December period.
- Feb 09, 2017 08:39 AM IST
A top fund manager was quoted as saying that the largest consolidation in the banking sector is being explored by the shareholders of the two banks, according to a report in The Times of India.
- Feb 04, 2017 03:56 PM IST
The public lender's net loss for the December quarter improved to Rs 130 crore from Rs 424.70 crore in the year-ago period.
- Jan 16, 2017 06:08 PM IST
Credit growth of United Bank of India (UBI) at the end of FY 2016-17 will be as low as 7-8 percent due to demonetisation impact, its MD & CEO P Bajaj said.
- Jun 06, 2016 10:08 PM IST
Government will examine the capital requirements of various public sector banks for the current fiscal to meet credit growth and NPA provisioning, Minister of State for Finance Jayant Sinha said on June 6
- Jun 06, 2016 08:54 AM IST
Apart from retail, the bank will also focus on micro, small and medium enterprises.
- May 23, 2016 06:20 PM IST
Credit growth in the country is
unlikely to revive "materially" in near term as demand
conditions are still acting as a laggard, says an SBI report.