Growth in banking system credit going strong, but how long will the good times last? Data collected by the RBI from 33 scheduled commercial banks (accounting for ~90% of the total non-food credit employed) shows… August 27, 2022 11:28 IST
Banks’ non-food credit growth jumps to 15% The corporate loan growth has also shown significant improvement along with retail credit backed by increase in capacity utilisation and… August 11, 2022 01:45 IST
Credit growth will drive liquidity normalisation: Dinesh Kumar Khara, chairman, State Bank of India Loan growth is directly linked to capacity utilisation, which has already moved to 74.5%. Updated: June 16, 2022 18:45 IST
Non-food credit growth touches 31-month high The first double-digit growth print in over two years comes at a time when banks are attesting to early signs… May 3, 2022 05:30 IST
Credit growth tops Rs 10 lakh cr in FY22 driven by retail loans; inflation could play spoilsport: SBI Ecowrap In FY 2023, credit growth is expected to remain positive, however the current inflation trends could play a ‘spoilsport’ as… May 2, 2022 14:34 IST
Bank credit grows at 8.21%; deposits at 8.31% In the fortnight ended January 29, 2021, bank advances stood at Rs 107.04 lakh crore and deposits at Rs 148.02… February 10, 2022 19:54 IST
MSME bank credit grows at 9% in December; turns positive after three months: RBI data Credit and Finance for MSMEs: The YoY growth in credit from banks to MSEs had remained negative at minus 2.2… February 3, 2022 14:35 IST
Credit growth dependent on demand rather than supply; corporate may boost growth further Lower demand for credit from corporates has been the main reason for lower credit growth October 15, 2021 13:47 IST
Non-food bank credit grows at 6.2 per cent in July: RBI data Advances to agriculture and allied activities continued to perform well, registering an accelerated growth of 12.4 per cent in the… August 31, 2021 21:11 IST
MSE credit growth remains in red for third straight month in June; share in gross bank credit up Credit and Finance for MSMEs: Bank credit to medium enterprises reported a 63.2 per cent YoY growth to Rs 1.88 lakh… August 26, 2021 13:07 IST
Bank lending activity now stronger than last year; credit growth at 6.6% in February Bank credit during the fortnight ended February 12 stood at Rs 107 lakh crore, up from Rs 105 lakh crore… Updated: March 6, 2021 14:03 IST
At 20%, small finance banks have highest return on advances According to an analysis of the key financial metrics of small finance banks (SFBs) by Care Ratings in comparisons to… January 7, 2021 21:24 IST
India Inc’s credit profile improves marginally in Q3 but banks, auto, telecom industry still suffer Among various industries, data compiled by CARE Ratings showed that 12 of the 31-key sectors had an MCR of above… January 2, 2021 15:47 IST
Industry keeps away from fresh loans amid lockdown; non-food credit shrinks this much in April, May Though the contraction in bank credit was steep in the two months of the strict lockdown, the magnitude of fall… July 14, 2020 13:28 IST
Ease of lending: MSME lender Lendkingkart automates disbursement; to give loans worth this much amount Credit and Finance for MSMEs: Lendkingkart announced a “full-stack” co-lending partnership with an NBFC to enable loan disbursement process without… February 18, 2020 13:15 IST
Kotak Mahindra Bank expects 20% credit growth in FY17 Kotak Mahindra bank expects about 20 per cent growth in credit during the current fiscal, a senior executive said today. June 6, 2016 15:45 IST
Bank credit grows at 9.7 per cent in December quarter: RBI Scheduled commercial banks credit grew by 9.7 per cent in the quarter ended December helped by higher growth in advances… May 4, 2016 21:11 IST
Bank credit growth remains in double-digits for second fortnight Bank credit growth was in double-digits for the second consecutive fortnight, with the latest RBI data showing an 11.05 per… January 10, 2016 16:12 IST
Nearly 23% of Karnataka youth neither working nor studying – New report reveals stark gender gaps barring women from jobs