Page 7 - Bank Credit

Personal loan offtake rose in fiscal year 2021, industrial loans contracts

The bank credit scenario in the country witnessed a sharp contrast in terms of sectoral credit offtake in FY21

Best of BS Opinion: The credit push, post-Covid economy, and more

Here are the best of Business Standard's opinion pieces for Tuesday

Booster dose: Govt unveils Rs 6.3-trillion package to spur growth

Includes credit guarantee schemes, steps to revive tourism, strengthen health infra

The credit push

Relief package is well-intentioned but won't move the needle much

Bank credit grows by 5.7% to Rs 108.43 trillion; deposits by 9.7%: RBI

Bank credit grew by 5.74 per cent to Rs 108.43 lakh crore and deposits rose by 9.73 per cent to Rs 153.13 lakh crore in the fortnight ended June 4, 2021, RBI data showed.

Covid-19 pandemic: Banks' credit costs may rise to 2.4%, says S&P

The credit losses will remain well below expected long-term average in most countries despite last year's economic hardship

Bank credit grows by 6.02%; deposits up by 9.87%, RBI data shows

In fiscal year 2020-21, bank credit had grown by 5.56 per cent and deposits by 11.4 per cent.

New credit culture

A big step by SC in allowing banks to chase personal guarantors

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 growth declines to 5% in FY21 as Covid-19 takes a toll

Farm sector stands out with uptick in credit offtake

Bank credit to medium-sized firms grows 21% in February, shows data

The outstanding loans to large corporations continue to shrink as many of them have repaid existing loans

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

Looking back at lockdown: Second Covid-19 wave dims demand recovery hopes

After unlock, demand improved month-on-month till December, when it hit a speed-breaker

Will gold loan lose its sheen?

In August 2020, when RBI raised the LTV for gold loans to 90 per cent, effective till March 2021, gold price was at a record high. It's time to pare the LTV for de-risking the lenders

Secured loans may help you tackle tighter credit norms, say experts

Presence of collateral allows lenders to relax their criteria while sanctioning of these loans

Bank credit is seen growing by 400-500 bps to 9-10% in FY22: Report

In absolute terms, net credit was up Rs 2.3 trillion in the first nine months of the current fiscal year.

Bank credit grows by 6.36% while deposits jump by 11.41%: RBI data

The numbers are up to the fortnight ended January 15

Udyam certificate provides access to cheaper credit: Check details here

If you don't have GSTIN, wait till further clarity on whether the same is mandatory for registration

Commercial bank credit to midsize firms up 27.9%, shows RBI data

Bankers said the economic recovery has begun to translate into a rise in demand for loans.

Bank credit to rise 9-10% in FY22 on budget support, RBI measures: Crisil

Despite bank credit contracting by 0.8 per cent in the first half of the current fiscal (H1FY21), the rating agency expects it to rise by 4-5 per cent at the end of the current fiscal (FY21)