Page 13 - Credit Growth

Credit to industry shrank 1.7%, personal loans slowed in October: RBI

Credit to large companies contracted 2.9%, but that to medium enterprises grew 16.7% YoY. Overall credit to industry had grown at 3.4% in October 2019

Credit growth will move to normal level in next financial year: SBI Chief

The economy is expected to be on normal course in early next financial year, says Dinesh Khara

Banks step up lending in September as the economy opens up: RBI data

Growth in credit to industry had grown 2.7 per cent YoY in September 2019

Banks focus on services sector for credit growth, shows RBI data

Credit growth to the services sector accelerated to 9.1 per cent YoY at the end of September from 7.3 per cent a year ago.

Credit growth to industry nil in Sept, banks pick services sector for loans

Personal loans grew 9.2 per cent year on year in September: compared to 16.6 per cent in September 2019

Credit growth: Barking up the wrong tree?

It is unfair to expect risk capital from banks to prop up the economy. They deal with public money

Banking stocks rally on better earnings outlook; room seen for upside

Hopes of improvement in asset quality, better credit growth and lower valuations are supporting factors

Credit crisis in India will spur more opportunities for KKR: Brian Dillard

Despite the opportunities, KKR has suffered setbacks in India, where a long-running shadow banking crisis followed by the devastation of the pandemic has crippled the economy

Asset quality uncertainty, weak credit growth take toll on banking funds

Fund managers say that the actual asset quality trends would emerge clearly after the December quarter of the current financial year

Credit growth will come from retail, MSMEs: SS Mallikarjuna Rao, PNB MD

"MSMEs are working hard to come back to normalcy. We expect a robust comeback from them in October, particularly in some sectors"

Bank credit growth in FY21 to hit multi-decade low of 0-1%: CRISIL

Prior to the disruption caused by covid-19, bank credit was already slower than normal in FY20 due to subdued economic activity and risk averseness of the lenders

Covid-19: Bank NPAs may worsen to 11.6 per cent by FY21 end, says Icra

With an increase in stress on asset quality and profitability, state-owned banks may need Rs 45,000-82,500 crore of capital in this financial year under a weak credit growth scenario, it said

Last rate cut for now but there're more bullets in RBI's chamber

Following this, the reverse repo rate, or the rate at which the banks perk extra liquidity with the RBI, was reduced to 3.35 per cent from 3.75 per cent - both at their historic lows.

Private equity players see new business opportunities in post-Covid world

Currently, the PE exposure in credit is limited and constitutes less than a 2 per cent share of the overall credit offered to industry.

Banks park Rs 8.42 trn of surplus funds with RBI, hinting lending pause

The record amount is a worrying sign for the economy: either there is no demand for credit or banks are scared to lend.

Slowdown blues: Incremental credit flow drops 64% to Rs 6.04 trn in FY20

Economic slowdown hits activity, adding fuel to the fire

Covid-19 impact: Credit growth decelerates in almost all sectors in March

SBI, however, notes that incremental credit to industry is highest in 147 months

Coronavirus impact: Credit growth likely to remain modest, says RBI

MPC report says better transmission of rates would remain priority

Credit growth may rise to 8-9% in FY21 on better economic activity: Crisil

During this fiscal, some growth momentum is expected in the fourth quarter, after subdued three quarters due to traditional fiscal year ending growth

Cut in lending rates insufficient to boost credit growth: BofA Securities

The Reserve Bank cut rates in five consecutive reviews in 2019 before pausing in December due to surge in inflation