Page 6 - Bank Credit Growth

Banks see uptick in credit growth; asset quality likely to improve

"An increase in bond yields would impact treasury performance," Motilal Oswal Securities said.

Offtake in Metropolitan region lifts credit growth in H1FY22: RBI

YoY credit growth of the Metropolitan region, which accounts for over 60% of bank credit, rose from 1.7% this March to 4.6% in September

Credit growth of banks recovers; festivals help demand: Ratings agency

Bank credit grew by 180 basis points from the year-ago level of 5.1 per cent in the fortnight ended October 23, 2020: CARE.

Bank credit grows by 6.84%, deposits by 9.94%, shows RBI data

Bank credit grew by 6.84 per cent to Rs 110.46 lakh crore

Credit grows by 6.47 % on YoY basis to Rs 110.3 trillion in early October

So far this year, the growth in the major banking indicators has been mixed. Growth in deposits has slowed down

FY22 credit growth turns positive first-time ever

What stands out this time around is that positive growth happened despite a more debilitating impact of the second wave of the Covid-19 pandemic

IndusInd Bank's net advances jump to Rs 2.11 trn at end of June 2021

Shares of IndusInd Bank gained over 1 per cent to close at Rs 1,020.20 apiece on BSE.

Bank credit growth decelerates to 5.6% in March from 6.4% last year

The central bank further said aggregate deposits growth accelerated to 12.3 per cent in March 2021 from 9.5 per cent a year ago.

Bank credit shrinks by Rs 89,087 cr in April on second wave impact

The bank credit expanded by 5.7 per cent in 12 months till April 23, 2021, as against 6.8 per cent a year ago

Bank credit to grow 10% in FY22 on GDP expansion, policy measures: Crisil

NBFCs focused on gold loans and mortgages will be the least affected by the setbacks, Crisil report said

Non-food bank credit offtake slows to 6.5% in February

Bank credit offtake in the non-food sector slowed to 6.5 per in February 2021 on an annual basis, mainly on account of the impact of the coronavirus pandemic

Bank credit grows by 5.93% to Rs 107 trn, deposits by 11.06%: RBI data

Bank credit grew 5.93 per cent to Rs 107.05 lakh crore, while deposits rose 11.06 per cent to Rs 147.98 lakh crore in the fortnight ended January 29, RBI data showed. In the fortnight ended January 31, 2020, bank credit stood at Rs 101.05 lakh crore and deposits at Rs 133.24 lakh crore. In the previous fortnight ended January 15, 2021, growth in bank credit was 6.36 per cent, while deposits rose 11.41 per cent. During the first nine months of the current fiscal, bank credit rose by 3.2 per cent and deposits by 8.5 per cent. In December 2020, non-food credit growth of banks stood at 5.9 per cent as compared to 7 per cent in the same month of the previous year, according to RBI data on Sectoral Deployment of Bank Credit for December 2020, released last month. During the reporting month, growth in credit to agriculture and allied activities accelerated to 9.4 per cent from 5.3 per cent in December 2019. Loans to industry contracted by 1.2 per cent as compared to 1.6 per cent growth

Bank retail lending moderates in December, farm and SME credit accelerates

Impact of Covid-19-induced economic disruption continues to linger, lenders say

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