Credit Offtake

Banks’ outstanding credit to the NBFC sector increased 21 percent year-on-year to Rs 11.01 lakh crore as on June 17.

Low credit demand due to corporate deleveraging, debt funds: Deepak Parekh

With commercial banks frowning at the low 5 percent credit and blaming it on weak industrial activity, HDFC chairman Deepak Parekh said this should not be viewed negatively as corporates are de-leveraging on one hand and are raising money from the debt market on the other.

Corporate credit offtake still weak, but retail too losing steam

While much of the weakness on the corporate loans was anticipated, the worrying part was the slowdown in momentum of growth in retail loans, given retail has been the only growth driver for bank credit over the last few years Both mortgages and non-mortgages slowed..

Bank loan to industry in contraction mode; no revival in sight

Four years ago, bank loans to the industrial sector was growing at roughly 20 percent a year. The rate of growth has been on a downward trajectory since, slipping into the negative territory in August 2016, the first in a decade. In August scheduled commercial banks‘ outstanding loan to the industrial sector contracted by 0.2 percent.

Kotak Mahindra Bank expects 20% credit growth in FY17

Kotak Mahindra bank expects about 20 percent growth in credit during the current fiscal, a senior executive said on June 6

Credit offtake of banks to pickup from next month: Vinod Rai

Credit offtake to industry, which has seen decline in the recent past due to slowdown in certain sectors and issues related to bad loans, is likely to see an uptick from next month, Bank Board Bureau chief Vinod Rai said on May 12

Real rates too high; earnings so far not too bad: JPMorgan

Adrian Mowat, JPMorgan's chief Asian and emerging market equity strategist, says in the near-term, China, Taiwan and Korea are likely to perform better than India

Slowing housing sales - Where does the problem lie?

Factors such as GDP growth, consumer confidence, credit availability, interest rates and housing supply affect the housing sales.

Jan IIP may disappoint significantly, says Nomura

"Overall the first half of FY15 was very weak for corporate growth relative to historic trends. While there has been some pick-up in Q3, the seasonality in growth is less pronounced and going by January trends, looks like industrial growth will disappoint significantly," Nomura said in a research report.

Seeing good demand for bond-based issuances: L&T Fin

N Sivaraman also commented on L&T Finance Holdings current state of business. He says in terms of core competencies, it is either the number 2 or the number 3 player in every segment it is present in, except the commercial vehicles space.

Chances of sub-15% credit growth by FY15-end slim: HDFC

Keki Mistry, vice-chairman and chief executive officer of HDFC says in another quarter or two, credit growth will take off. Traditionally, credit offtake is highest in the fourth quarter, he adds.

Expect credit growth of 13.5% in FY13: Prabhudas Lilladher

Prabhudas Lilladher has come out with its report on financial sector. The research firm continues to maintain that industrial credit growth will continue to moderate and expect 13.5% growth in FY13 and ~15% growth in FY14.

CMIE scales down GDP growth to 7.2%

The Centre for Monitoring Indian Economy today revised downwards its growth estimate marginally for the current fiscal to 7.2%.

RBI may cut rates by 100 bps between Mar-Sep: Merrill

Bank of America Merrill’s India economist Indranil Sen Gupta sees the Reserve Bank of India cutting benchmark rates by 100 basis points between March and September this year.

Credit offtake by priority sectors up 17.3% in August

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.

Credit offtake up 19.6% during 12 months to Sep 23

High interest rate regime notwithstanding, non-food credit offtake from banks grew by 19.6% to over Rs 42 lakh crore during 12 months to September 23.

Credit offtake up 20.5% during 12 mths to Sep 9

Despite the high interest rate regime, credit offtake from banks grew 20.5% to over Rs 42 lakh crore during 12 months to September 9, indicating strong momentum in the country's economic activity.

Credit offtake up 21% during 12 mths to August 26

Despite high interest rates, credit offtake from banks grew by 20.7% to over Rs 41 lakh crore during the one-year period ended August 26, 2011, indicating momentum in the country's economic activity.

Expect 25 bps rate hike, 7.2% GDP growth: Morgan Stanley

Morgan Stanley’s Chetan Ahya expects the RBI to hike rate another 25 bps in the upcoming policy meet. Speaking to CNBC-TV18, he says that GDP growth is expected come in at 7.2% for FY12.

Credit offtake up 20%, deposits 18% in 12 months ended Aug

Credit offtake from banks grew by 20.3% to over Rs 41 lakh crore during the one-year period ended August 12, 2011, suggesting an upswing after a brief period of moderation.

Bank credit up 20.1%, deposits rise 18% in 12 months: RBI

Credit offtake from banks grew by 20.1% to over Rs 42 lakh crore during the one-year period ended July 1, 2011, indicating an upswing in industrial activity.

Credit offtake up 22% in May; NBFCs lead way

Growth of credit offtake from banks to major sectors accelerated to 21.9% in May, as against 18.1% in the same month last year, on big surge in lending to non-banking financial companies (NBFCs).

Bank credit up 20.9%, deposits rise 17.7% in 12 months

Credit offtake from banks grew by 20.9% to over Rs 41 lakh crore during the one-year period ended June 17, 2011, indicating an upswing in industrial activity.

Bank credit offtake up 23.3%, deposits up over 16%: RBI

Credit offtake from public and private sector banks in the country grew by over 23.3% for the one-year period ended February 25, indicating an upswing in the industrial activity, says the RBI.

Bank credit offtake up 23.4%: RBI

Credit offtake from public and private sector banks in the country grew by 23.4% for the one-year period ended January 28, indicating an upswing in industrial activity, says the Reserve Bank of India (RBI).