India’s retail credit to GDP doubled over past decade: Report

Retail credit in India has witnessed significant growth over the last ten years, from 9 per cent of GDP in 2013-14...

Credit offtake continues to rise but at a slower pace: CareEdge

Credit offtake continues to rise but at a slower pace as compared to last year. As of March 7, total bank credit...

RBI should include infrastructure loans in PSL category

The Reserve Bank of India (RBI) should include loans given to infrastructure projects--such as roads, ports,...

Moody’s places IndusInd bank credit assessment on review

The bank has discovered a USD 175 million accounting discrepancy related to currency derivatives. Shares have...

Swiggy Brings Back GIRF 2025

Bangalore (Karnataka) [India], February 24: Swiggy (Swiggy Ltd, NSE: SWIGGY / BSE: 544285), is set to redefine...

Personal Loans and Services Sector are key drivers of banks cred

The Reserve Bank of India (RBI) has highlighted that bank credit growth in 2023-24 has been broad-based, with the...

President of Ghana commissions critical Railway Line

Mumbai (Maharashtra) [India], November 26: The President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo,...

Urban consumption likely to be hit by slowdown in bank credit

The recent slowdown in the bank credit growth especially in the personal loans is likely to impact the consumption...

Chartis Research Recognises Pennant Technologies as a Leader

Hyderabad (Telangana) [India], October 10: Pennant Technologies, an agile and innovative financial technology...

Steady increase in private GFCF

The minister's response provided a comprehensive overview of private capital expenditure (capex), corporate bond...

Credit offtake expanded by Rs. 20.4 lakh crore, deposits expanded

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...

Bank credit in FY25 is likely to be between 13-15 pc

The capital market activity in June was marked by lower G-Sec supply and increased Foreign Portfolio Investor (FPI)...