Banks Credit Growth
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Banks' Loan Growth Slows For 8th Straight Month In February: RBI Data
Loan growth at Indian banks moderated for an eighth straight month in February, central bank data showed on Thursday, due to a drop in personal and credit card loans following tighter rules by the Reserve Bank of India.
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Household Savings Likely To Rise In FY24: Report
Factors like retail credit push by banks and a greater appetite for borrowings have resulted in a rising proclivity for debt among the households, the CRISIL report said.
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Viral Video: On Mumbai Streets, A Bank Officer With A Mic And A Message
Indian bankers are taking to the streets with megaphones and enlisting grocers to sign up customers as they seek to lure cash deposits to fund the fastest credit growth in a decade.
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Lower Consumption, Less Credit Led To Decline Of Growth To 5%: World Bank
The World Bank has projected a five per cent growth rate for India in the 2019-2020 fiscal, but said it was likely to recover to 5.8 per cent in the following financial year.
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Public Sector Banks Require Rs 2.06 Trillion For 8-9% Credit Growth In FY19, Says Report
In October last year, the government had announced a Rs 2.11 lakh crore bank recapitalisation plan spread over two fiscals, 2017-18 and 2018-19.
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Capital Infusion To Strengthen Balance Sheet, Boost Credit Growth, Say Industry Experts
Care Ratings said the plan addresses regulatory capital requirement of all PSBs and provides a significant amount towards growth capital for increasing lending to the economy.
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Bankers Suggest Lowering Of Corporate Tax To Boost Credit Growth, Says Survey
The survey findings reveal that banking sector performance during the July-December 2017 period remains more or less similar to the previous six months on the parameters studied.
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Credit Growth Rises After Recapitalisation Move, Says Government
Finance Minister Arun Jaitley in October had announced a Rs 2.11 lakh crore two-year road map to strengthen state-run banks.
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Bank Credit Rises By 8.8% Year-On-Year, Says RBI
Non-food credit as a whole of banks rose by 8.8% in November, which is almost double from the 4.8 percentage point growth clocked in the year-ago month.
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Fitch Lowers India's Growth Forecast To 6.9% From 7.4% For FY18
The credit rating agency expects economic activity to accelerate in second half of fiscal year.
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HDFC Bank Account Holders Get New EMI Facility, ICICI Bank's New Offer. Details Here
In the absence of credit demand from corporate clients, private banks are concentrating their focus on retail loans, which have seen a huge growth in recent days.
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Bank Credit Growth This Fiscal Hits Historic Low, Says Report: 5 Things To Know
The decline in deposits growth is expected, as huge amounts of money that flowed into the banking system post demonetisation is now mean reverting, SBI chief economist Saumya Kanti Ghosh said.
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Decision Day At Reserve Bank (RBI): Inflation Dip Gives Window For Rate Cut
The Reserve Bank of India will cut the repurchase rate to 6 percent from 6.25 percent, according to 41 of 57 economists in a Bloomberg survey with the rest seeing no change.
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India Needs Years Of Strong Growth To Match China: Raghuram Rajan
Reserve Bank of India Governor Raghuram Rajan today said India has a long way to catch up with China on per capita GDP and will need years of strong growth but cautioned against expanding economy at the cost of environment.
-
Banks' Loan Growth Slows For 8th Straight Month In February: RBI Data
Loan growth at Indian banks moderated for an eighth straight month in February, central bank data showed on Thursday, due to a drop in personal and credit card loans following tighter rules by the Reserve Bank of India.
-
Household Savings Likely To Rise In FY24: Report
Factors like retail credit push by banks and a greater appetite for borrowings have resulted in a rising proclivity for debt among the households, the CRISIL report said.
-
Viral Video: On Mumbai Streets, A Bank Officer With A Mic And A Message
Indian bankers are taking to the streets with megaphones and enlisting grocers to sign up customers as they seek to lure cash deposits to fund the fastest credit growth in a decade.
-
Lower Consumption, Less Credit Led To Decline Of Growth To 5%: World Bank
The World Bank has projected a five per cent growth rate for India in the 2019-2020 fiscal, but said it was likely to recover to 5.8 per cent in the following financial year.
-
Public Sector Banks Require Rs 2.06 Trillion For 8-9% Credit Growth In FY19, Says Report
In October last year, the government had announced a Rs 2.11 lakh crore bank recapitalisation plan spread over two fiscals, 2017-18 and 2018-19.
-
Capital Infusion To Strengthen Balance Sheet, Boost Credit Growth, Say Industry Experts
Care Ratings said the plan addresses regulatory capital requirement of all PSBs and provides a significant amount towards growth capital for increasing lending to the economy.
-
Bankers Suggest Lowering Of Corporate Tax To Boost Credit Growth, Says Survey
The survey findings reveal that banking sector performance during the July-December 2017 period remains more or less similar to the previous six months on the parameters studied.
-
Credit Growth Rises After Recapitalisation Move, Says Government
Finance Minister Arun Jaitley in October had announced a Rs 2.11 lakh crore two-year road map to strengthen state-run banks.
-
Bank Credit Rises By 8.8% Year-On-Year, Says RBI
Non-food credit as a whole of banks rose by 8.8% in November, which is almost double from the 4.8 percentage point growth clocked in the year-ago month.
-
Fitch Lowers India's Growth Forecast To 6.9% From 7.4% For FY18
The credit rating agency expects economic activity to accelerate in second half of fiscal year.
-
HDFC Bank Account Holders Get New EMI Facility, ICICI Bank's New Offer. Details Here
In the absence of credit demand from corporate clients, private banks are concentrating their focus on retail loans, which have seen a huge growth in recent days.
-
Bank Credit Growth This Fiscal Hits Historic Low, Says Report: 5 Things To Know
The decline in deposits growth is expected, as huge amounts of money that flowed into the banking system post demonetisation is now mean reverting, SBI chief economist Saumya Kanti Ghosh said.
-
Decision Day At Reserve Bank (RBI): Inflation Dip Gives Window For Rate Cut
The Reserve Bank of India will cut the repurchase rate to 6 percent from 6.25 percent, according to 41 of 57 economists in a Bloomberg survey with the rest seeing no change.
-
India Needs Years Of Strong Growth To Match China: Raghuram Rajan
Reserve Bank of India Governor Raghuram Rajan today said India has a long way to catch up with China on per capita GDP and will need years of strong growth but cautioned against expanding economy at the cost of environment.
