The retail asset securitisation market witnessed a 6 per cent decline in the first half of the financial year 2025-26 (H1FY26), marking the first contraction in recent years, according to a report by CareEdge Ratings.
Uttarakhand Chief Minister Pushkar Singh Dhami has directed officials to simplify loan processes under various central and state government schemes to ensure maximum benefits reach the people.
The credit growth in the Indian banks will continue to be more than the deposit growth, a report by the 'Axis Securities' has said while also noting that bank deposit growth will pick up in the coming quarters.
Amid the concerns of declining deposits at banks, CareEdge Ratings anticipated that the credit-deposit ratios may pose a concern to the Non-Banking Financial Companies (NBFCs).
The Chief Minister also said that presently, the State Bank of India has a deposited capital of over Rs 11,500 crore in the Gorakhpur area, with loans disbursed amounting to Rs 4,500 crore.