Search For "credit growth"
Loan-to-deposit ratio to subside on its own in coming months: Motilal Oswa
Updated : 1 year, 6 months ago IST
Amid questions on the depleting loan-to-deposit ratio in Indian banks, a recent report by Motilal Oswal, a financial service company suggests that the loan-to-deposit (LD) ratio is likely to subside on its own in the coming months.
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Credit-deposit imbalance could pose significant liquidity risks for Indian
Updated : 1 year, 6 months ago IST
The gap between credit growth and deposit growth at Indian banks is largely driven by households shifting their savings to relatively high-return investments, said Tusharika Aggarwal, a dividend forecasting research analyst at S&P Global Market Intelligence.
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Deposit growth of banks will pick up from coming quarters: Axis Securities
Updated : 1 year, 6 months ago IST
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.
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Sitharaman asks public sector banks to work on deposit mobilisation
Updated : 1 year, 6 months ago IST
During deliberations on the deposit mobilisation, the Union Finance Minister stated that while the credit growth has picked up, mobilisation of deposits could further be improved to fund the credit growth sustainably
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SBI report dismisses bank deposit concerns as a 'Statistical Myth'
Updated : 1 year, 6 months ago IST
As Finance Minister Nirmala Sitharaman hold a review meeting with heads of Public Sector Banks and Regional Rural Banks on Monday, the State Bank of India (SBI) in its latest report noted that the belief that the deposit growth in the banking sector is flagging just a statistical myth.
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Credit growth in banks continues to outpace deposits: SBI report
Updated : 1 year, 7 months ago IST
A research report by the State Bank of India (SBI) highlights the continuous upward trend in credit growth in Indian banks, which is outpacing the growth of deposits.
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SBI records net profit of Rs 17,035 cr with increase in operating profit b
Updated : 1 year, 7 months ago IST
The operating profit for the quarter saw a more significant rise, increasing by 4.55 per cent YoY to Rs 26,449 crores. The bank's Return on Assets (ROA) and Return on Equity (ROE) stood at 1.10 per cent and 20.98 per cent respectively, underscoring the bank's efficient management and profita
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Credit growth drops in June, credit offtake expanded by Rs. 20.4 lakh cror
Updated : 1 year, 7 months ago IST
The credit growth in June 2024 dropped sharply to 17.4 per cent lower than 20.8 per cent in the previous month, however over the last twelve months, credit offtake expanded by Rs. 20.4 lakh crore while deposits expanded by Rs 23.9 lakh crore, a report by Anandrathi observed.
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NBFC Mirae Asset Financial Services Foray into Unsecured Personal Loan Seg
Updated : 1 year, 8 months ago IST
Mumbai (Maharashtra) [India], July 15: In a bid to capture the larger pie of India's credit growth story, Mirae Asset Financial Services, arm of Mirae Asset Group has launched personal loans for salaried employees across selected cities.
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Credit growth in India expected to exceed nominal GDP this fiscal: SBI Cap
Updated : 1 year, 8 months ago IST
Credit growth in the Indian banking sector is expected to exceed nominal GDP growth in the current financial year 2024-25, growing at 13-15 per cent, according to SBI Capital Markets.
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With healthier balance sheets, banks are supporting credit growth: RBI Fin
Updated : 1 year, 8 months ago IST
The global economy is currently facing significant risks stemming from ongoing geopolitical tensions, high levels of public debt, and slow progress in reducing inflation, according to the Reserve Bank of India's (RBI) 29th Financial Stability Report (FSR) released on Thursday.
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Credit growth up by 19.3 pc, crosses deposit growth; PVBs outpace PSBs: Ca
Updated : 1 year, 8 months ago IST
This growth translates to an absolute expansion of Rs 26.6 lakh crore since March 2023, reaching a total outstanding credit of Rs 164.3 lakh crore as of March 31, 2024.
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