Latest News on Credit Growth
Showing of 0 - 10 from 37 results
Credit Growth - Total results - 37
Mar 12, 2018
NPA issue: Telecom, power sectors have contributed more than anything else, says P ChidambaramChidambaram dismissed the CAG report on telecom as a 'gross exaggeration' and said it focused on a few cases.
Jan 29, 2018
Rising NPAs cut banks' lending to real estate sector to 17% in 2016 from 68% in 2013: Economic SurveyEconomic Survey says PE funds and financial institutions such as pension funds and sovereign wealth funds have replaced banks as largest source of real estate sector
Jan 25, 2018
Rs 1 lakh cr recapitalisation plan fails to impress markets as shares of Bank of Baroda, PNB, State Bank tank; IDBI gainsThe capital infusion is part of the massive Rs 2.11 lakh cr bank recapitalisation plan announced by the govt in October last year
Oct 05, 2017
Rajnish Kumar to helm SBI: A banker with bird’s eye view of economy, he has to crack the NPA problem firstCredit growth will pick up only once the NPA problem is resolved. And therein lies the big challenge for Rajnish Kumar at SBI
Oct 03, 2017
Fitch lowers growth forecast to 6.9%, sees large bank NPAs dampening credit growth, investmentEconomic activity is expected to accelerate in the second half of the fiscal year with the waning impact of demonetisation shock in late 2016 and GST rollout in July
Jun 08, 2017
Rate cut: RBI, govt in open confrontation? Central bank defiantly holds groundThe Reserve Bank warned of fiscal situation getting out of hand if states unabatedly continue to waive farm loans saying it also risk spurring inflation.
Jun 07, 2017
RBI keeps rate unchanged: Panel not convinced on inflation fall; experts decode statementInflation projections and Real GVA growth for FY18 have been lowered based on recent data releases
Apr 18, 2017
WPI inflation at 5.7%: With food prices remaining the villain, monsoon holds the keyThe Monetary Policy Committee (MPC) had cautioned in its recent policy readings that monsoons this year will be crucial to decide the course of policy rates, while changing its policy stance from ‘accommodative’ to ‘neutral’ early this year.
Apr 17, 2017
Credit growth plunges to over 60 year low at 5% in FY17For the year to March, banks' outstanding credit stood at Rs 78.81 trillion compared to Rs 75.01 trillion as of 1 April, 2016, show the central bank data.
Feb 02, 2017
Budget 2017 sticks to bank spending plan, no bumper recapitalization yetThe government's shock move in November to replace about 86 percent of currency in circulation will delay the clean-up of bad loans beyond a March 2017 deadline, bankers and analysts say.