Credit Growth In Banks
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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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Credit Card Outstanding Reaches All-Time High In January
As per the latest data of the Reserve Bank, the credit card outstanding has recorded a growth of over 20 per cent in the 10 months of the current fiscal.
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SBI To Raise Another $1.2 Billion Through Infrastructure Bonds: Official
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.
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Bank Credit Growth Rose To 17.2% In July-September: RBI
Credit growth remained broad-based as all population groups and bank groups recorded double-digit annual growth, the Reserve Bank of India said.
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Bank Credit Growth Accelerates To 17.2% In July-September: RBI
"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'.
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State Bank Of India Sees Loan Growth Staying Robust After Record Profit
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.
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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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Bank Credit Growth Accelerates To 14.2% In June Quarter: RBI Data
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.
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Capacity Utilisation Improvement A Sign Of Growth, Says SBI Chairman
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
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RBI Says Banks Need To Arrest Repayment Slippages, Support Credit 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.
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Bank Credit Growth May Touch 10% In Current Fiscal, Says ICRA
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
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"As Son Grows Older, He Acquires Father's Business": Deepak Parekh On HDFC-HDFC Bank Merger
Deepak Parekh, Chairman of the mortgage lender HDFC said that he had spent "two sleepless nights" prior to the big development
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Credit To Medium Size Industries Grew 48.6% In October: RBI Data
Credit to medium industries saw a remarkable growth of 48.6 per cent in October 2021 size-wise compared to 20.8 per cent growth seen in October 2020
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Increase In Household Debt Stress Is Worrying, Says SBI Report
The second Covid-19 wave resulted in significant deposit outflows from banking system, whose pace has now again moderated, a SBI report has noted.
-
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.
-
Credit Card Outstanding Reaches All-Time High In January
As per the latest data of the Reserve Bank, the credit card outstanding has recorded a growth of over 20 per cent in the 10 months of the current fiscal.
-
SBI To Raise Another $1.2 Billion Through Infrastructure Bonds: Official
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.
-
Bank Credit Growth Rose To 17.2% In July-September: RBI
Credit growth remained broad-based as all population groups and bank groups recorded double-digit annual growth, the Reserve Bank of India said.
-
Bank Credit Growth Accelerates To 17.2% In July-September: RBI
"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'.
-
State Bank Of India Sees Loan Growth Staying Robust After Record Profit
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.
-
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.
-
Bank Credit Growth Accelerates To 14.2% In June Quarter: RBI Data
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.
-
Capacity Utilisation Improvement A Sign Of Growth, Says SBI Chairman
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
-
RBI Says Banks Need To Arrest Repayment Slippages, Support Credit 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.
-
Bank Credit Growth May Touch 10% In Current Fiscal, Says ICRA
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
-
"As Son Grows Older, He Acquires Father's Business": Deepak Parekh On HDFC-HDFC Bank Merger
Deepak Parekh, Chairman of the mortgage lender HDFC said that he had spent "two sleepless nights" prior to the big development
-
Credit To Medium Size Industries Grew 48.6% In October: RBI Data
Credit to medium industries saw a remarkable growth of 48.6 per cent in October 2021 size-wise compared to 20.8 per cent growth seen in October 2020
-
Increase In Household Debt Stress Is Worrying, Says SBI Report
The second Covid-19 wave resulted in significant deposit outflows from banking system, whose pace has now again moderated, a SBI report has noted.
