'Sectors seeing a pickup range from telecom and power to roads, ports and airports, while lending to non-bank finance companies has also picked up strongly'
According to the latest Reserve Bank of India (RBI) data, loans to micro, small, medium, and large industries rose to Rs 31.82 trillion as of July end, up 10.5 per cent year-on-year (YoY).
State-owned Canara Bank is expecting an 8-10 per cent growth in advances as well as a healthy double-digit rise in corporate loan portfolio in the current financial year,
The better show was largely driven by enhancements in rated debt of higher-rated entities and reduction in debt of a large defaulting NBFC on recast
In a Q&A, Rajkiran Rai G says retail credit can't make up for tepid corporate demand
The elephant in Indian banking has already become nimble-footed. Its new boss, Dinesh Khara, needs to choreograph the steps for its dance
SBI said that despite the ongoing pandemic, its business growth remained robust in the financial year ended March 2021
The outstanding loans to large corporations continue to shrink as many of them have repaid existing loans
Incidents of corporate loans turning bad could be less than anticipated, but the banks' challenge will be retail loans. Large-scale job losses will have a bearing on the retail portfolio
There was $751 million of outflow from credit in October, a ninth month of net declines
Kumar's last day in office was on October 6. He had been in the bank as chairman for three years and served it in various capacities for almost 40 years
Kumar said banks would look at all requests for restructuring on a case-to-case basis and will act according to whatever is permitted by regulation
Investors are growing increasingly concerned that the coronavirus outbreak will hit US corporate cash flow if it keeps workers at home or prevents companies from paying employees
Sectors like thermal power, NBFCs and commercial real estate sector are currently facing some stress
Criminalising the lender and the defaulter shifts the focus away from the inefficiencies in the corporate lending process
Lenders restrict funds to companies with lower ratings
Large-ticket loans a few quarters away despite rise in capacity utilisation: CEOs
Economic growth pushing working capital need; insolvency cases create more refinancing demand