The PM stressed on increasing credit flow to businesses to meet the needs of a fast reflating economy
Large non-banking financial companies (NBFCs) and a few private banks - that have disclosed December quarter trends of advances - are showing signs of improved credit demand
Collection efficiency of non-banking lenders and housing finance companies picks up
Despite many efforts by government to boost credit supply by offering many a scheme to MSMEs and other priority sectors, the same has plunged to a low 1.9% in the June quarter from 10.2% a year ago
Leading bankers welcome term loan installment moratorium announced as economic relief
Unlike the slowdown a decade ago, demand for credit cards and personal loans will remain as consumers look to secure funds to bridge gaps in personal finance.
Central bankers are likely to remain undeterred in both their credit and monetary policy support until the jobless rate gets closer to their full employment estimate of 4.1per cent
Over 90 per cent of low-income households are employed in the informal sector, and they will be the hardest hit by the pandemic
The last of a three-part series on credit pick-up looks at how the push for city gas is creating demand for development of overall gas infrastructure
Services such as access to credit, technology, market and information are readily available to the formal sector but not to the informal sector said NITI Aayog's Rajiv Kumar
The contraction has been across all the four segments of the commercial credit segment, including micro, small, medium, mid and large enterprises
Even though lenders have been witnessing credit demand from the retail segment, it is the corporate lending that has remained subdued