Page 8 - Bank Credit Growth

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

Budget 2020: Banks, NBFCs suggest ways on taxation, improving credit growth

For the last three PSBs, the govt should run these under a public-private partnership model, said a senior banker.

Needed: A white paper on the Indian economy

Economic sentiment is as important as the actual data on the economy

Credit growth picked up rapid pace from September 2019: SBI report

As per the report, in September, the jump in retail credit at Rs 51,900 crore was nearly double that of August, of which housing loans jumped by 2.6 times.

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

First time in FY20, credit growth enters single-digit lane as slump spreads

In the first fortnight of the fiscal ending April 12, the credit demand grew 14.19 percent after closing the previous fiscal at 13.24 percent

Bank credit up 12%, deposits 10.6%; non-food credit increases 11.1%

Bank credit and deposits rose by 12.01 percent and 10.59 percent to Rs 96.57 lakh crore and Rs 126.491 lakh crore respectively for the fortnight to July 19, show the RBI data. In the year-ago fortnight, bank credit stood at Rs 86.09 lakh crore while deposits were at Rs 114.371 lakh crore. In the previous fortnight ending July 5, bank loans had grown by 12.02 percent to Rs 96.97 lakh crore and deposits by 10.32 percent to Rs 126.746 lakh crore. Non-food credit, on a year-on-year basis, increased 11.1 percent in June same as the year-ago period. Loans to agriculture & allied activities was up by 8.7 percent in June 2019 as compared with an increase of 6.5 percent in June 2018. Services sector advances decelerated to 13 percent in June from 23.3 percent in the same month of 2018. Personal loans increased by 16.6 percent in June down from an increase of 17.9 per cent in June 2018.

Banks need Rs 20 trillion deposits for credit growth, may up rates: Report

The healthier private sector lenders will account for up to 60 per cent of the incremental deposit mobilisation, domestic ratings agency Crisil said in a report

Bank credits: Infra, power sectors continue to get lion's share, says RBI

Over the last one year, much of the credit disbursed by banks flowed to the personal loan segment, industries and housing loans

Credit grows at over 10% in December

Last year this time credit growth base was low owing to demonetisation

Bank credit growth hits 20-year low

Combined advances by listed public, PSBs up 1.7% in FY17 as public sector lenders shrink loan book