Page 7 - Bank Credit

Bank credit up 6.74% at Rs 102.69 trn; deposits grow 9.82% to Rs 137.11 trn

In the year-ago fortnight, bank loans had stood at Rs 96.20 trillion and deposits at Rs 124.83 trillion

Credit line for street vendors may've few takers; half of 10 mn not covered

A majority of street vendors, due to closure of their business, do not have the liquidity to pay back a loan.

Slowdown blues: Incremental credit flow drops 64% to Rs 6.04 trn in FY20

Economic slowdown hits activity, adding fuel to the fire

Coping with the lockdown

Given the scale of demand contraction, we need a fiscal package of at least 3-4 per cent of GDP

Covid-19 crisis: UP readies for post-lockdown industrial sector reboot

Adityanath government institutes exclusive cells to help industries

As many as 10 mn borrowers can't benefit from moratorium. Here's why

These investors are yet to approve the moratorium on underlying loans and reschedule most PTC repayments

Bank credit growth slumps to 5-decade low of 6.14% in FY20 over low demand

Bank advances growth in FY20 was the slowest since the fiscal ended March 1962, when loans had grown by 5.38 per cent

Coronavirus impact: Credit growth likely to remain modest, says RBI

MPC report says better transmission of rates would remain priority

SBI offers new credit scheme to meet liquidity mismatch amid Covid-19

The loans can be repayable in 6 monthly installments after a moratorium period i.e, 6 months from the date of disbursement

Banks' credit grows 6.13%, deposits 9% in the second half of Feb: RBI data

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

Bank credit growth dips to 8.5% in January from 13.5% year-ago: RBI data

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

Banks' credit up 7.13% in second half of Jan, service sector loans dip

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

Bank credit grows 7.1% and deposits increase 10%, reveals RBI data

Bankers said that with private investment practically coming to a halt, there was little demand for corporate credit.

Letter to BS: Good credit supply by banks is necessary for economic growth

The credit decisions are taken based on the conditions prevailing at a particular time.

Bank credit grows 7.1% to Rs 99.47 trn; deposits rise 10% to Rs 130 trn

In the year-ago fortnight, banks' advances stood at Rs 92.87 trillion, while deposits were at Rs 118.16 trillion

Slowdown blues: Bank credit growth may fall to 6.5-7% in FY20, says Icra

According to ICRA, even in a high-growth scenario, wherein the second half of FY20 sees the incremental bank credit rise to Rs 6.5-7 trillion, there will still be a 40-45% year-on-year (YoY) decline

Banks need Rs 50,000 cr additional capital to support loan growth: Fitch

Fitch said the rating outlook for most Indian banks mirrors the stable outlook on India's sovereign rating

Bank credit grew 8%, deposits 9.92% in fortnight ended Nov 6: RBI data

Bank's credit grew by 8.07 per cent to Rs 98.47 lakh crore in the fortnight ended November 6, according to the recent RBI data. In the similar fortnight last year, the advances have stood at Rs 91.11 lakh crore. In the previous fortnight ended October 25, 2019, bank credit had grown by 8.90 per cent y-o-y to Rs 98.39 lakh crore. Bank deposits in the fortnight ended November 8 increased by 9.92 per cent to Rs 129.98 lakh crore from Rs 118.257 lakh crore year ago, RBI data showed. Deposits had grown by 10.25 per cent to Rs 129.78 lakh crore in the fortnight ended October 25. On a year-on-year (y-o-y) basis, non-food bank credit growth decelerated to 8.1 per cent in September 2019 from 11.3 per cent in September 2018. Loans to agriculture & allied activities rose by 7 per cent in September 2019 as compared with an increase of 5.8 per cent last year same period. Advances to the services sector decelerated sharply to 7.3 per cent in September 2019 from 24 per cent in ...

Icra sees FY20 bank credit growth declining to 8.5% from 13.3% last year

The recent changes in mutual funds regulations are likely to result in a decline in the volume of commercial paper outstanding by March 2020

Bank credit growth slumps to 10.24%, deposits at 9.73%, shows RBI data

In the year-ago fortnight, advances were at Rs 87.80 trillion while deposits stood at Rs 116.46 trillion