Bank Credit-growth

Showing of 1 - 20 from 19 results
Bank Credit-growth - Total results - 19
Coronavirus Outbreak: Bank credit growth slumps to 5-decade low of 6.14% in FY20; weak economy leads to demand slowdown
Business

Coronavirus Outbreak: Bank credit growth slumps to 5-decade low of 6.14% in FY20; weak economy leads to demand slowdown

RBI had said credit growth is likely to remain modest, reflecting weak demand and risk aversion due to the disruptions caused by the coronavirus pandemic.

RBI needs to find room for rate cut to deal with impact of coronavirus: IDFC Mutual Fund report
Business

RBI needs to find room for rate cut to deal with impact of coronavirus: IDFC Mutual Fund report

The RBI needs to find room for more rate cuts to deal with the impact of coronavirus on the economy, says IDFC Mutual Fund report

Bank credit growth may moderate to 8.5% in FY20 from 13.3% in last fiscal: ICRA
Business

Bank credit growth may moderate to 8.5% in FY20 from 13.3% in last fiscal: ICRA

Growth in bank credit may decelerate sharply to 8-8.5 percent during 2019-20 from 13.3 percent last fiscal, mainly due to decline in incremental credit in the first half of the current financial year, rating agency ICRA said in a report

Bank credit growth slips to single-digit low of 8.79% first time this year, reveals RBI data
Business

Bank credit growth slips to single-digit low of 8.79% first time this year, reveals RBI data

For the first time this fiscal, bank credit growth slowed to single-digit, printing in at a low 8.79 percent at Rs 97.71 lakh crore in the fortnight to 27 September, according the latest data from the Reserve Bank

RBI rejects Indiabulls Housing-Lakshmi Vilas Bank merger, credit growth at a 22-month low; all this and more in MoneyControl Pro
Business

RBI rejects Indiabulls Housing-Lakshmi Vilas Bank merger, credit growth at a 22-month low; all this and more in MoneyControl Pro

When it came to a decision on the Lakshmi Vilas Bank-Indiabulls Housing Finance merger, it was always a lose-lose situation for the Reserve Bank of India.

Bank credit rises 15.11% to Rs 92.87 trillion, deposits grow 9.22% to Rs 118.18 trillion
Business

Bank credit rises 15.11% to Rs 92.87 trillion, deposits grow 9.22% to Rs 118.18 trillion

Credit growth on a year-on-year basis improved across bank groups between March and September 2018, largely driven by the private sector banks

GDP back series data: There are more questions than answers on 'NITI Aayog’s' new CSO numbers
Business

GDP back series data: There are more questions than answers on 'NITI Aayog’s' new CSO numbers

Beyond the technicalities and economic jargon, one needs to acknowledge that India has a serious data problem

Two years of Urjit Patel as RBI governor in charts: Falling rupee is a major challenge in third year of his term
Business

Two years of Urjit Patel as RBI governor in charts: Falling rupee is a major challenge in third year of his term

Here are six charts that show us how key macroeconomic indicators moved during the two years of RBI governor Urjit Patel

Govt to push ahead with banking reforms in new year; to infuse fresh capital in PSBs
Business

Govt to push ahead with banking reforms in new year; to infuse fresh capital in PSBs

"Reform agenda is the highest priority which has to be implemented along with capitalisation. A whole lot of reforms will come so that genuine borrowers don't suffer and get hassle-free, need based credit," Financial Services Secretary Rajiv Kumar said.

Narendra Modi's speech on economy: These 3 missing data points reveal the real situation on ground
Business

Narendra Modi's speech on economy: These 3 missing data points reveal the real situation on ground

Bank credit is at multi-decade low and private investment at 13-year low. Do we need to say more?

ICICI Bank offers 1% cash back to new home loan borrowers to boost credit offtake
Business

ICICI Bank offers 1% cash back to new home loan borrowers to boost credit offtake

ICICI bank has launched two more schemes -- a 20 percent cash back for spends by its debit and credit card customers up to a maximum of Rs 10,000, and a 20 percent step-up repayment -- which can be availed of along side

Bank credit growth unlikely to pick up during festival season, says SBI report
Business

Bank credit growth unlikely to pick up during festival season, says SBI report

There is hardly any difference in credit growth in festival and post-festival months, SBI report said

To boost GDP, govt should forget 3.2% fiscal deficit target, give tax sops to corporates, individuals
Business

To boost GDP, govt should forget 3.2% fiscal deficit target, give tax sops to corporates, individuals

The onus is on the central government to to boost economy, not state governments

Sensex crosses 32,000: Here are four charts that belie the stock market's exuberance
Business

Sensex crosses 32,000: Here are four charts that belie the stock market's exuberance

Tepid growth in IIP and GDP, corporate investment is shrinking, bank credit growth is at multi-decade low but Sensex at 32,000. Here's what is missing

Bank credit grows at 6.02% in fortnight ended 9 June, deposits at 11.19%
Business

Bank credit grows at 6.02% in fortnight ended 9 June, deposits at 11.19%

The growth in advances in the reporting period was slightly higher than the previous fortnight ended 26 May, 2017

Indians love credit cards like never before; here's what the 28% spike in outstanding means
Business

Indians love credit cards like never before; here's what the 28% spike in outstanding means

The drying up of credit for industries shows that stagnation in economic activities is real on the ground no matter the 7 percent GDP growth released by government statistical office.

RBI policy today: A cut in CRR should do the trick to nudge banks to lend more
Business

RBI policy today: A cut in CRR should do the trick to nudge banks to lend more

It is important at this stage to make lendable capital available for banks to resume the credit expansion and, thus, rejuvenate the economic growth

FY15 GDP likely to grow 7.4%: India equals China but numbers tell a different tale
Business

FY15 GDP likely to grow 7.4%: India equals China but numbers tell a different tale

The celebrations can perhaps wait a bit till the GDP numbers achieve the desired correlation with other critical factors in the economy and become more convincing

Four graphics that explain why 7.4% GDP growth appears unrealistic
Business

Four graphics that explain why 7.4% GDP growth appears unrealistic

Experts, however, are not buying the new estimate on the face value; here are four graphics that explain why.