Sat, Nov 09, 2024
For instance, growth in agriculture loans slowed to 16.4 per cent from 17.7 per cent, while credit to the industrial sector fell to 8.9 per cent from 9.7 per cent.
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Mon, Sep 23, 2024
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Thu, Feb 15, 2024
"Deposit tightness will remain a system overhang. Our base case is for loan growth to slightly moderate, leading to manageable competition for deposits. Indian banks will have to strike a fine balance between maintaining strong loan growth and paying more for deposits to fund that growth," S&P Global Ratings said. If the clash for deposits gets fiercer, Indian banks will take a hit, either with slimmer margins or slower growth, it said
Sun, Apr 16, 2017
For the year to March, banks' outstanding credit stood at Rs 78.81 trillion compared to Rs 75.01 trillion as of April 1 2016, show the central bank data.
Mon, Jan 30, 2017
ICRA has projected India's credit growth to remain at similar levels in the range of 5% to 6% in FY17 on the back of muted credit demand.
Thu, Jan 26, 2017
China's banks have extended a record 12.65 trillion yuan ($1.84 trillion) of loans in 2016 as the government encouraged more credit-fueled stimulus to meet its economic growth target.
Mon, Jan 16, 2017
Credit growth of United Bank of India (UBI) at the end of financial year 2016-17 (FY17) will be as low as 7-8% due to demonetisation impact, its MD and CEO P Bajaj said.
Wed, Dec 07, 2016
Care said, "Based on the movements of these economic parameters, we expect a 25 bps rate cut in tomorrow’s RBI policy view and another 25 bps cut for the rest of the fiscal."
Tue, Nov 22, 2016
It said, "...although the credit growth in private sector banks was relatively higher. Interestingly, credit growth in rural and semi-urban areas continued to grow at a faster pace than urban and metropolitan areas."
Mon, Jul 04, 2016
Religare Institutional Research, in a report dated July 1 said that overall credit growth for FY17 is unlikely to improve above 12%.
Wed, Jun 22, 2016
Rajan last year undertook a massive overhaul of banks' stressed assets, asking each bank to provision for all assets which could potentially sour by March 2016.
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