Banks Credit Growth

The funds will come in handy for credit growth, and the bank would not need to maintain any statutory liquidity ratio or cash reserve ratio for funds raised through such bond issuances, an official said.

Credit growth remained broad-based as all population groups and bank groups recorded double-digit annual growth, the Reserve Bank of India said.

"Credit growth remained broad-based: all population groups and bank groups recorded double digit annual growth," the Reserve Bank said while releasing 'Quarterly Statistics on Deposits and Credit of SCBs: September 2022'.

Credit demand is expected to stay robust into the next financial year if economic expansion continued, Fitch said.

RBL Bank is looking to ramp up its retail exposure to protect its books from being over-exposed to large corporates and to help bolster growth alongside its key businesses of credit cards and microfinance.

Reserve Bank Governor Shaktikanta Das will hold a meeting with chief executive officers (CEOs) of public sector banks on Wednesday to discuss issues concerning slow deposit growth and sustainability of high credit demand.

State Bank of India (SBI), the country's largest lender, expects credit growth to remain in double-digits while it steps up efforts to attract more deposits, where it sees growth in line with the sector.

Indian banks may rely more on raising funds through certificates of deposits for the rest of the year, as credit demand remains strong.

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.

Bank credit growth accelerated to 14.2 per cent in the quarter ended June 2022 from 6 per cent in the same period of the previous year, RBI data showed on Thursday.

SBI Chairman Dinesh Khara said improvement in capacity utilisation to 74 per cent from 69 per cent shows that economy is geared for its natural growth

India's banks need to monitor the credit behaviour of restructured loans and the possibility of increased repayment slippages from sectors more exposed to the pandemic, the central bank said in a report on Friday.

The outlook for banks is expected to be stable amid improvement in credit growth of 8.9-10.2 per cent and decline in provisions in the current fiscal

Deepak Parekh, Chairman of the mortgage lender HDFC said that he had spent "two sleepless nights" prior to the big development

If this ratio is consistently high, the financial health of these banks could be at risk.

The funds will come in handy for credit growth, and the bank would not need to maintain any statutory liquidity ratio or cash reserve ratio for funds raised through such bond issuances, an official said.

Credit growth remained broad-based as all population groups and bank groups recorded double-digit annual growth, the Reserve Bank of India said.

"Credit growth remained broad-based: all population groups and bank groups recorded double digit annual growth," the Reserve Bank said while releasing 'Quarterly Statistics on Deposits and Credit of SCBs: September 2022'.

Credit demand is expected to stay robust into the next financial year if economic expansion continued, Fitch said.

RBL Bank is looking to ramp up its retail exposure to protect its books from being over-exposed to large corporates and to help bolster growth alongside its key businesses of credit cards and microfinance.

Reserve Bank Governor Shaktikanta Das will hold a meeting with chief executive officers (CEOs) of public sector banks on Wednesday to discuss issues concerning slow deposit growth and sustainability of high credit demand.

State Bank of India (SBI), the country's largest lender, expects credit growth to remain in double-digits while it steps up efforts to attract more deposits, where it sees growth in line with the sector.

Indian banks may rely more on raising funds through certificates of deposits for the rest of the year, as credit demand remains strong.

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.

Bank credit growth accelerated to 14.2 per cent in the quarter ended June 2022 from 6 per cent in the same period of the previous year, RBI data showed on Thursday.

SBI Chairman Dinesh Khara said improvement in capacity utilisation to 74 per cent from 69 per cent shows that economy is geared for its natural growth

India's banks need to monitor the credit behaviour of restructured loans and the possibility of increased repayment slippages from sectors more exposed to the pandemic, the central bank said in a report on Friday.

The outlook for banks is expected to be stable amid improvement in credit growth of 8.9-10.2 per cent and decline in provisions in the current fiscal

Deepak Parekh, Chairman of the mortgage lender HDFC said that he had spent "two sleepless nights" prior to the big development

If this ratio is consistently high, the financial health of these banks could be at risk.