Page 10 - Bank Credit

Letter to BS: Good credit supply by banks is necessary for economic growth

The credit decisions are taken based on the conditions prevailing at a particular time.

Bank credit grows 7.1% to Rs 99.47 trn; deposits rise 10% to Rs 130 trn

In the year-ago fortnight, banks' advances stood at Rs 92.87 trillion, while deposits were at Rs 118.16 trillion

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

Banks need Rs 50,000 cr additional capital to support loan growth: Fitch

Fitch said the rating outlook for most Indian banks mirrors the stable outlook on India's sovereign rating

Bank credit grew 8%, deposits 9.92% in fortnight ended Nov 6: RBI data

Bank's credit grew by 8.07 per cent to Rs 98.47 lakh crore in the fortnight ended November 6, according to the recent RBI data. In the similar fortnight last year, the advances have stood at Rs 91.11 lakh crore. In the previous fortnight ended October 25, 2019, bank credit had grown by 8.90 per cent y-o-y to Rs 98.39 lakh crore. Bank deposits in the fortnight ended November 8 increased by 9.92 per cent to Rs 129.98 lakh crore from Rs 118.257 lakh crore year ago, RBI data showed. Deposits had grown by 10.25 per cent to Rs 129.78 lakh crore in the fortnight ended October 25. On a year-on-year (y-o-y) basis, non-food bank credit growth decelerated to 8.1 per cent in September 2019 from 11.3 per cent in September 2018. Loans to agriculture & allied activities rose by 7 per cent in September 2019 as compared with an increase of 5.8 per cent last year same period. Advances to the services sector decelerated sharply to 7.3 per cent in September 2019 from 24 per cent in ...

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

Bank credit growth slumps to 10.24%, deposits at 9.73%, shows RBI data

In the year-ago fortnight, advances were at Rs 87.80 trillion while deposits stood at Rs 116.46 trillion

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.

Bank credit growth loses momentum, up 13.24% to Rs 97.67 trillion

In the year-ago fortnight, deposits were at Rs 114.26 trillion and advances at Rs 86.25 trillion

Bank credit clips at 14.5%; deposits grow in double-digits at 10%: RBI data

In the year-ago fortnight, advances were at Rs 83.46 trillion and deposits at Rs 111.11 trillion

Bank credit up 14.5% to Rs 94.29 trn, deposits rise 9.63%: RBI data

The pick-up in economic activity has boosted credit demand

Non-food bank credit rose by 13.4% in October, farm loans up too: RBI data

Loans to agriculture and allied activities rose by 8 per cent as compared with an increase of 5.5 per cent in October 2017.

Bank credit grows 14.88% to Rs 91.11 trillion YoY, reveals RBI data

Many have started buying loan portfolios from NBFCs and HFCs to provide liquidity push

Despite rise in lending rates, NBFCs push bank credit by 14.4% to 5-yr high

Bank credit grew 4.45% for the fortnight to October 12, the data shows

Bank credit up 14% to Rs 90 trn, deposits up 9% to Rs 118 trn till Oct 12

Personal loans rose by 18.2% in August 2018, up from an increase of 15.7% in August 2017

Bank credit jumps 12.44%, deposits increase by 8.15%, says RBI data

In June 2018, the non-food bank credit rose 11.1 per cent as against a rise of 4.8 per cent in the same month last year

Bank credit grows 12% to Rs 85 trillion in fortnight ended April 13: RBI

In the previous fortnight ended March 30, 2018, banks loans grew by 10.32% to Rs 86.5 trillion

If bank delays credit, the consumer should be compensated for mental agony

On making inquiries, BoI informed Kapur that the investment was linked to high or low rate of inflation, but the exact formula for calculation was not notified

T N Ninan: Rise of the bond market a new challenge for banks' health

When it comes to credit, banks charge higher rates, so companies with strong balance sheets move to bonds, and banks have to lend to those with bad credit ratings - the quality of bank credit suffers

No credit to corporates without identification number: RBI

Schedule for getting the legal entity identifier (LEI) number spread out till Dec 2019