Search For "credit growth"
Rs 4.91 lakh crore disbursed by PSBs in Oct and Nov
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 3 (ANI): Public sector banks (PSBs) disbursed Rs 2.39 lakh crore to micro, small and medium enterprises (MSMEs), non-banking finance companies (NBFCs), corporates, retail and agriculture sector borrowers in November, raising the total disbursement since the launch of t
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Recapitalisation of public sector banks disappearing into quicksand: Ind-R
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 9 (ANI): While the government has infused huge capital in public sector banks (PSBs), the funds have largely been used to mitigate losses and failed to contribute meaningfully to credit growth, according to India Ratings and Research (Ind-Ra).
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SBI reports first quarter profit of Rs 2,312 crore with improved asset qua
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 2 (ANI): State Bank of India (SBI) was back in the black on Friday as it reported a net profit of Rs 2,312 crore for the April to June quarter of 2019-20 (Q1 FY20) due to healthy growth in advances and stable asset quality.
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Performance of banking system improved as NPA ratios declined: Economic Su
Updated : 6 years, 8 months ago IST
New Delhi [India], July 4 (ANI): The performance of banking system improved as non-performing asset (NPA) ratios declined and credit growth accelerated, says the Economic Survey 2018-19 report which Finance and Corporate Affairs Minister Nirmala Sitharaman tabled in Parliament on Thursday.
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Banks reporting spike in NPAs, declining credit growth
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 25 (ANI): A FICCI-IBA Survey has noted that banks are reporting an increase in non-performing assets (NPAs), lower restructuring of loans and a slow pace of growth in bank credit.
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Banking sector posts 10.7 pct YoY growth in Dec'17
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 6 (ANI): The banking sector sustained its growth momentum post the Centre's public sector bank (PSB) recapitalisation plan by driving a significant surge in credit growth.
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Bank recapitalisation plan a reform and recap package: RBI Guv
Updated : 8 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 6 (ANI): The Reserve Bank of India (RBI) Governor Dr Urjit Patel hailed the recently-announced bank recapitalisation plan as a "reform and recap package", adding that the move will give a much-needed impetus to credit growth in the economy.
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India's financial system stable, but banks remain under stress: RBI
Updated : 8 years, 6 months ago IST
Mumbai [India], Dec. 29 (ANI): Performance of the Indian banking sector remained subdued during 2015-16 year amidst rising proportion of banks' delinquent loans, consequent increase in provisioning and continued slowdown in credit growth, said Reserve Bank of India (RBI) on Thursday.
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