Search For "bank credit"
India's retail credit to GDP doubled over past decade, bank credit remaine
Updated : 1 year, 1 month ago IST
Retail credit in India has witnessed significant growth over the last ten years, from 9 per cent of GDP in 2013-14 to 18 per cent in 2024-2025, while bank credit has largely remained stable, according to a report by Motilal Oswal.
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Credit offtake continues to rise but at a slower pace: CareEdge Ratings
Updated : 1 year, 1 month ago IST
Credit offtake continues to rise but at a slower pace as compared to last year. As of March 7, total bank credit stood at Rs 181.3 lakh crore, reflecting an 11.1 per cent year-on-year (YoY) growth says a report by CareEdge Ratings
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RBI should include infrastructure loans in Priority Sector Lending categor
Updated : 1 year, 1 month ago IST
The Reserve Bank of India (RBI) should include loans given to infrastructure projects--such as roads, ports, railways, airports, highways, and the energy sector--under priority sector lending (PSL) or exempt them from the calculation of Adjusted Net Bank Credit (ANBC) for PSL targets, sugges
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Moody's places IndusInd bank credit assessment on review for downgrade
Updated : 1 year, 2 months ago IST
The bank has discovered a USD 175 million accounting discrepancy related to currency derivatives. Shares have dropped over 28 per cent since the Reserve Bank of India decided to extend the term of CEO Sumant Kathpalia's by a year.
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Swiggy Brings Back GIRF 2025 - India's Biggest Dining Out Festival with Un
Updated : 1 year, 2 months ago IST
Bangalore (Karnataka) [India], February 24: Swiggy (Swiggy Ltd, NSE: SWIGGY / BSE: 544285), is set to redefine dining experiences yet again with the return of its much-anticipated Great Indian Restaurant Festival (GIRF) 2025. From February 15 to April 13, food lovers across 40+ cities can en
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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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President of Ghana commissions critical Railway Line, built by Afcons
Updated : 1 year, 5 months ago IST
Mumbai (Maharashtra) [India], November 26: The President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo, commissioned the first ever Tema-Mpakadan Standard Guage Railway Line, executed by Afcons Infrastructure Limited, last week. The project cost is approximately US$447 million.
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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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Chartis Research Recognises Pennant Technologies as a Leader in Credit Len
Updated : 1 year, 7 months ago IST
Hyderabad (Telangana) [India], October 10: Pennant Technologies, an agile and innovative financial technology company, today announced it has been positioned as Category Leader by Chartis Research in the 2024 Market Quadrant Report on Credit Lending Operations. The report outlines the curren
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Steady increase in private gross fixed capital formation over last five ye
Updated : 1 year, 9 months ago IST
The minister's response provided a comprehensive overview of private capital expenditure (capex), corporate bond issuances, bank credit flows, and gross fixed capital formation (GFCF).
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Over the last twelve months, credit offtake expanded by Rs. 20.4 lakh cror
Updated : 1 year, 9 months ago IST
The credit offtake continue to grow at the rate of 13.9 year-on-year to reach Rs. 168.1 lakh crore for the fortnight ending July 12, 2024, however, the pace of growth was slow, a Care Edge report said.
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Bank credit in FY25 is likely to be between 13-15 pc, suggest a rise econo
Updated : 1 year, 10 months ago IST
The capital market activity in June was marked by lower G-Sec supply and increased Foreign Portfolio Investor (FPI) inflows, supported by index inclusions, which helped prevent crowding-out effects. Bank credit continued its strong growth momentum, exceeding 15 per cent year-on-year as of mi
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