Page 4 - Bank Credit Growth

Bank credit grows 3.2% to Rs 107 trillion in first nine months of FY21

Bank credit grew 3.2 per cent to Rs 107.05 trillion in the first nine months of the current financial year, against a growth of 2.7 per cent registered in the corresponding period of 2019-20

Bank credit growth rises to 6.6% in fortnight to January 1, shows data

Bank credit rose by Rs 1.57 trillion in the last fortnight of Q3FY21.

Bank credit growth slows in Q2; personal loans maintain double-digit growth

Industrial credit, however, contracted 1.7 per cent YoY and its share in total credit was nearly 30 per cent at the end of the quarter.

Bank credit rises 5.67% to Rs 104 trn, deposits up 10.63%: RBI data

Bank credit grew by 5.67 per cent to Rs 104.04 trillion, while deposits increased by 10.63 per cent to Rs 143.80 trillion in the fortnight ended November 6, according to RBI data.

Bank credit up 5.6%, deposits rise 10.5% in fortnight to October 9

Growth in loans to agriculture and allied activities rose 4.9 per cent in the reporting month

Credit growth slows down to 5.14%, shows signs of pickup sequentially

The credit of commercial banks stood at Rs 97.68 trillion as on September 27, 2019

Bank credit up 5.26% to Rs 102.24 trn, deposits rise 11.98%: RBI data

In the fortnight ended September 13, 2019, bank credit was at Rs 97.13 trillion and deposits at Rs 127.22 trillion

Best of BS Opinion: Journey of economic reforms, ease of doing biz & more

Here's a selection of Business Standard opinion pieces for the day

Credit growth: Barking up the wrong tree?

It is unfair to expect risk capital from banks to prop up the economy. They deal with public money

Bank credit grows 5.52% to Rs 102.2 trn in fortnight ended Aug 14: RBI data

Credit to the services sector continued to grow at a robust, albeit decelerated, rate at 10.7 per cent in June 2020 vis-a-vis 13 per cent in June 2019

Most banks see meaningful credit growth recovery only after 18 months

Most banks believe that meaningful credit growth recovery is likely only after 18 months, while near-term uncertainty on asset quality remains, brokerages tracking the development said

PNB expects 4-6% credit growth this fiscal, says Mallikarjuna Rao

Punjab National Bank on Monday said its overall credit growth is likely to be at around 4-6 per cent in the current fiscal year as it expects the economy to return to normalcy from October onwards.

Covid-19 impact: Bank credit growth moderates further to 5.5% by July-end

Bankers said business conditions have been improving, but only incrementally. However, demand remains weak (for credit) and many people are repaying loans, some of of which are under moratorium

Bank credit up 5.5% to Rs 102.65 trillion, deposits rise 11.1%: RBI data

On an year-on-year (YoY) basis, non-food bank credit growth was at 6.7 per cent in June 2020

Share of industrial credit in total bank credit dips to 31.5% in March: RBI

Bank credit growth (year-on-year) continued to decelerate across all population groups and stood at 6.3 per cent in March 2020.

Bank credit grows 6.18% to Rs 102.5 trn, deposits up 11%: RBI data

In the fortnight ended June 21, 2019, bank credit had stood at Rs 96.48 trillion and deposits at Rs 124.92 trillion

Bank credit grows 6.24% to Rs 102.5 trillion, deposits rise 11.28%

In the fortnight ended June 7, 2019, bank loans had stood at Rs 96.51 trillion and deposits at Rs 125.40 trillion

Bank credit growth in FY21 to hit multi-decade low of 0-1%: CRISIL

Prior to the disruption caused by covid-19, bank credit was already slower than normal in FY20 due to subdued economic activity and risk averseness of the lenders

Lockdown impact: Bank credit growth plunges 50% in fortnight to May 22

Banks had surplus liquidity of Rs 4.5 trn in the period

Bank credit growth slowed in Dec quarter on muted industrial demand

Loans sanctioned by public sector banks (PSBs) at the end of May 8 stood at Rs 5.95 trillion