Search For "bank credit growth"
AI, cybersecurity resilience, and sustainable financing remain key focus f
Updated : 4 months ago IST
On the domestic banking scenario, Setty said credit growth remains robust despite concerns around liquidity. Citing Reserve Bank of India (RBI) data for December, he said, "bank credit growth has been in the range of 12-13 per cent, which is in line with nominal GDP growth of around 9-10 per
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Festive season and GST benefits will boost demand and bank credit growth:
Updated : 7 months, 3 weeks ago IST
Sluggish bank credit growth as compared to last year in India signals weak capital expenditure and low demand, highlighting cautious business sentiment and subdued consumer activity across key economic sectors, noted Naina Lal Kidwai, Chairperson of the Board and Senior Advisor, Rothschild a
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Banks' credit growth to remain low as corporates using other funding sourc
Updated : 9 months, 2 weeks ago IST
Credit growth of banks in the country is likely to remain low as corporates continue to opt for alternative methods of funding in the current low-interest rate environment, according to a report by the State Bank of India (SBI).
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Daily volume in money market surged by 10% YoY to Rs 5.5 lakh crore in FY2
Updated : 11 months, 4 weeks ago IST
The Reserve Bank of India (RBI) has reported a sharp rise in money market activity and sustained momentum in bank credit growth during the financial year 2024-25.
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Personal Loans and Services Sector are key drivers of banks credit growth:
Updated : 1 year, 4 months ago IST
The Reserve Bank of India (RBI) has highlighted that bank credit growth in 2023-24 has been broad-based, with the personal loan and services sectors leading the expansion. This was followed by credit growth in agriculture and the industrial sectors, the report noted.
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Urban consumption likely to be hit by slowdown in bank credit growth: Cris
Updated : 1 year, 6 months ago IST
The recent slowdown in the bank credit growth especially in the personal loans is likely to impact the consumption in the urban areas, says a report by Crisil.
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Bank credit growth to stay healthy, but with some moderation: Crisil
Updated : 1 year, 12 months ago IST
Bank credit growth is expected to moderate 200 basis points (100 basis points is equal to 1 percentage point) to 14 per cent this year after an estimated robust growth of 16 per cent last financial year, according to Crisil Ratings.
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Bank credit growth in India expected at 14-14.5pc in FY25: CareEdge Rating
Updated : 2 years, 1 month ago IST
CareEdge Ratings estimates bank credit growth in India to be in the range of 14-14.5 per cent in financial year 2024-25. In current financial year 2023-24, credit offtake is anticipated to close with a growth of around 16 per cent excluding the HDFC merger.
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Sustained demand, easing cost pressure to aid Indian corporates' profit: F
Updated : 2 years, 10 months ago IST
Fitch expects India's bank credit growth to remain reasonably robust after 15.4 per cent growth in 2022-23
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ADB says India's growth to moderate to 6.4 pc in FY24
Updated : 3 years, 1 month ago IST
Growth will moderate slightly this year and rise next year, buoyed by private consumption and investment as the global economy improves, ADB said
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Prospects for bank credit growth promising, to grow 12-13 pc in 2022-23: R
Updated : 3 years, 9 months ago IST
New Delhi [India], July 28 (ANI): The medium-term prospects for bank credit growth look promising with rising personal and wholesale borrowings and a substantial buffer for loan provisioning. Credit rating agency CareEdge estimates the credit growth to be in the range of 12-13 per cent durin
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India's bank credit growth expected to remain positive, says CareEdge repo
Updated : 3 years, 10 months ago IST
New Delhi [India], July 5 (ANI): The outlook for India's bank credit growth, which has witnessed modest growth in recent years, is expected to remain positive due to slew of factors such as economic expansion, rise in government and private capital expenditure, rising commodity prices, imple
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