Page 2 - Corporate Credit

State Bank of India's domestic advances growth rebounds to 5.67% in FY21

SBI said that despite the ongoing pandemic, its business growth remained robust in the financial year ended March 2021

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

Past imperfect, present better, future uncertain

Incidents of corporate loans turning bad could be less than anticipated, but the banks' challenge will be retail loans. Large-scale job losses will have a bearing on the retail portfolio

Foreign investors return to Indian sovereign bonds, shun corporates

There was $751 million of outflow from credit in October, a ninth month of net declines

SBI is future-ready and in Dinesh Khara's safe hands: Rajnish Kumar

Kumar's last day in office was on October 6. He had been in the bank as chairman for three years and served it in various capacities for almost 40 years

Unlock BFSI 2.0: SBI chief hopes for lesser corporate debt recast requests

Kumar said banks would look at all requests for restructuring on a case-to-case basis and will act according to whatever is permitted by regulation

Investor worries over corporate credit heat up as coronavirus spreads

Investors are growing increasingly concerned that the coronavirus outbreak will hit US corporate cash flow if it keeps workers at home or prevents companies from paying employees

SBI expects corporate credit offtake growth between 5 to 7% during Q4

Sectors like thermal power, NBFCs and commercial real estate sector are currently facing some stress

Filling up the lacuna in corporate lending

Criminalising the lender and the defaulter shifts the focus away from the inefficiencies in the corporate lending process

Corporate credit growth slows as banks prefer PSUs, top-rated cos

Lenders restrict funds to companies with lower ratings

Corporate credit to grow in next few quarters on working capital needs

Large-ticket loans a few quarters away despite rise in capacity utilisation: CEOs

Corporate credit demand gains pace, showing signs of gathering steam

Economic growth pushing working capital need; insolvency cases create more refinancing demand