Banks Credit Growth

The share of such loans declined between September 2020 and March 2022 in private banks and NBFCs but rose for public sector banks

Banks face pressure to raise deposits; weighted average call rate highest in 3 years

Among individual shares, Bank of Baroda, Canara Bank, State Bank of India, Indian Bank, and Union Bank of India soared between 21 per cent and 34 per cent during the period

Bankers said the rise in credit offtake now is partly driven by expansion in economic activity

Public sector and private banks have sanctioned over 193,000 loans via 924 camps in 405 districts from October 16-20, FM Nirmala Sitharaman says in Tweet

Markets do not view banks with low capital favourably and offer funds at a higher rate, says study done independently.

However, this is against the sanction of Rs 1.10 trillion under the 100 per cent ECLGS for micro, small and medium enterprises (MSMEs) till July 1.

With the financial year ending on March 31, small- and mid-sized companies are likely to default en masse, while rating agencies will have to mark them in the 'default' grade

Growth in advances to the services sector decelerated to 8.9% from 23.9% in January 2019

The country has recorded high double-digit credit growth in the past and is capable of achieving similar growth now as well, they added

Non-food bank credit growth decelerated to 7 per cent in December 2019 from 12.8 per cent in December 2018

Last Friday, the government had unveiled a mega plan to merge as many as 10 public sector banks into four to help create stronger global-sized banks

The share of net credit of housing finance companies (HFCs) in the total flow of credit nearly doubled from 6.2 per cent in FY14 to 11.7 per cent in FY18

The spurt in credit disbursed by the Indian banking system driven mostly by rise in corporate and industrial credit

Banks' non-performing assets (NPAs) continued to display the highest level of stressed advances