Search For "credit growth"
Rate cut expected in Q3FY25, liquidity management will be a challenge for
Updated : 1 year, 9 months ago IST
This projection stands out as an exception compared to the trend observed in other emerging economies, where central bank rate actions typically mirror those of advanced economies.
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Bank credit growth to stay healthy, but with some moderation: Crisil
Updated : 1 year, 9 months ago IST
Bank credit growth is expected to moderate 200 basis points (100 basis points is equal to 1 percentage point) to 14 per cent this year after an estimated robust growth of 16 per cent last financial year, according to Crisil Ratings.
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SBI's net profit grows 18% in fourth quarter, 20.5% for entire 2023-24
Updated : 1 year, 10 months ago IST
The State Bank of India (SBI), the country's largest lender, has reported an 18 percent rise in consolidated net profit at Rs 21,384 crore for the quarter that ended in March, aided by strong credit growth.
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SBI forecasts 15 percent growth in deposits for FY25; expects RBI rate cut
Updated : 1 year, 11 months ago IST
This outlook comes amidst a backdrop of sustained momentum in credit growth, particularly across agriculture, MSME, and services sectors, as revealed by the latest credit growth numbers.
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Bank credit growth in India expected at 14-14.5pc in FY25: CareEdge Rating
Updated : 1 year, 11 months ago IST
CareEdge Ratings estimates bank credit growth in India to be in the range of 14-14.5 per cent in financial year 2024-25. In current financial year 2023-24, credit offtake is anticipated to close with a growth of around 16 per cent excluding the HDFC merger.
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Credit growth in India to fall over slowdown in retail deposit: Emkay Inst
Updated : 1 year, 11 months ago IST
Credit growth in India is expected to moderate down to 12-14 per cent on a yearly basis over the financial year 2024-25-2026-27 from the current 16.5 per cent, according to Emkay Institutional Equities.
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Indian banking sector continues to improve with better asset quality, high
Updated : 1 year, 11 months ago IST
The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed.
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Consumer Durables and Business Loans Key Drivers of Credit Growth: How Ind
Updated : 2 years, 1 month ago IST
New Delhi [India], January 31: A study carried out by Home Credit India, a local arm of the leading global consumer finance provider, showed that the business-related borrowing increased in overall demand; up at 19% in 2023 from 14% in 2022. The study - How India Borrows Survey 2023 - furthe
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Congress accuses Modi government of mismanaging economy, says vast majorit
Updated : 2 years, 4 months ago IST
The Congress has accused the Modi government of mismanaging the economy saying that RBI's October 2023 bulletin shows "extremely concerning economic trends" including a 47-year low in the savings growth rate, "ballooning fiscal deficit" and slowing credit growth to the industrial sector
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Sustained demand, easing cost pressure to aid Indian corporates' profit: F
Updated : 2 years, 8 months ago IST
Fitch expects India's bank credit growth to remain reasonably robust after 15.4 per cent growth in 2022-23
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ADB says India's growth to moderate to 6.4 pc in FY24
Updated : 2 years, 11 months ago IST
Growth will moderate slightly this year and rise next year, buoyed by private consumption and investment as the global economy improves, ADB said
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Credit growth to MSMEs high, over 30.5 pc on average in Jan-Nov 2022: Econ
Updated : 3 years, 1 month ago IST
CIBIL data also shows that ECLGS borrowers had lower non-performing asset rates than enterprises that were eligible for ECLGS but did not avail of it
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