Search For "credit growth"
Bank credit growth slows to 5.6 pc in March: RBI
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 29 (ANI): Bank credit growth slowed down to 5.6 per cent from 6.4 per cent a year ago, according to data published by the Reserve Bank of India (RBI).
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Economy gathers steam but pvt investments missing: RBI
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], Mar 1 (ANI): Economic activity is gaining steam in India as Covid-19 incidences recede but private investments are missing in action, according to the Reserve Bank of India (RBI).
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Ind-Ra upgrades FY21 credit growth estimates to 6.9 pc
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], February 27 (ANI): India Ratings and Research (Ind-Ra) has upgraded its FY21 credit growth estimates to 6.9 per cent from 1.8 per cent, given the improved economic environment in 2H FY21 and the government's focus on higher -- spending especially on infrastructu
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SBI Q3 net profit drops 7 pc to Rs 5,196 cr on higher provisions
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], February 4 (ANI): Government-owned State Bank of India (SBI) on Thursday reported 7 per cent year-on-year drop in net profit at Rs 5,196 crore for December quarter due to increase in provisions against bad loans.
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Moderate bank stress formation likely but provisioning can remain elevated
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], Jan 11 (ANI): Bank credit growth remains moderate but the outlook is improving due to healthy traction in mortgage, auto and cards led by faster economic recovery, Emkay Global Financial Services said on Monday.
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Credit growth subdued, retail growth moderates to 10.6 pc: Motilal Oswal
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 2 (ANI): Retail credit growth in the country moderated to 10.6 per cent year-on-year for the fortnight ended September 11 versus 17 per cent in January with home loan growth moderating 11 per cent, according to Motilal Oswal Institutional Equities.
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Crisil's Q1 income from operations jumps 13.5 pc to Rs 472 crore
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 22 (ANI): Global analytical company Crisil's consolidated income from operations for the quarter ended June 30 rose 13.5 per cent to Rs 472 crore compared with Rs 416 crore in the corresponding quarter of previous fiscal.
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Incremental credit growth declines 64 pc in FY20, could recover in FY21: I
Updated : 5 years, 10 months ago IST
New Delhi [India], May 6 (ANI) The incremental credit flow from banks, commercial papers (CPs) and corporate bonds outstanding could rise by Rs 7.3 lakh crore to 9.7 lakh crore during the current financial year FY21, according to investment information firm ICRA.
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Bank credit growth on a low swing this fiscal: Care Ratings
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 4 (ANI): The overall bank credit growth has been low so far this year with the first 10 months registering an increase of 3.5 per cent compared with 7 per cent last year (January over March), according to Care Ratings.
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Moody's revises India GDP forecast to 5.4 pc in 2020
Updated : 6 years ago IST
New York [USA], Feb 17 (ANI): Moody's Investors Service on Monday revised its growth forecasts for India to 5.4 per cent for 2020 calendar year and 5.8 per cent for 2021, down from its previous projections of 6.6 per cent and 6.7 per cent.
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Bank credit growth moderated to 7.1 pc
Updated : 6 years, 1 month ago IST
New Delhi [India], Jan 31 (ANI): Bank credit growth (YoY) moderated from 12.9 per cent in April 2019 to 7.1 per cent as on December 20, 2019, says the Economic Survey tabled in Parliament by Finance and Corporate Affairs Minister Nirmala Sitharaman.
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Slowdown to compress incremental credit growth in FY20: ICRA
Updated : 6 years, 2 months ago IST
New Delhi [India], Dec 30 (ANI): Muted economic growth, lower working capital requirements and risk aversion among lenders have compressed the incremental credit growth in current financial year (April 2019 to March 2020), according to investment information agency ICRA.
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