Page 2 - Retail Loan Growth

Current account deposits, retail asset quality challenges for new SBI chair

Maintaining loan growth momentum, protecting margins may not be easy as interest rate cycle changes

Banks need to align credit and deposit growth, says RBI Bulletin

Pressure on NIM cited, upside risk to headline inflation flagged

Q1 FY25 business update of banks: Deposits grew slower than loans

Bank of Baroda posted faster growth in advances than in deposits. The loan book of the BoB grew by 1.73 per cent while deposits improved by 1.59 per cent, sequentially

Banks Q1 loan growth remain strong, share of low cost deposits falls

The credit-to-deposit ratio of the Mumbai-based private sector lender Yes Bank rose to 86.8 per cent at the end of June from 85.5 per cent at the end of March

Retail loan growth moderates to 17.8% due to slowdown in unsecured credit

Within the retail segment, credit growth in housing, the largest constituent of the retail category

Major GST relief for foreign holding cos in intra-loan transactions

18% GST on additional fees, other considerations on providing loans

Loan growth likely to drive further gains for LIC Housing Finance

Loan growth was low due to technology upgrades to the platform in H1FY24, though momentum improved in H2FY24

Sebi to penalise stock exchanges for any lapses in surveillance

Under the new framework effective July 1, Sebi will impose penalties in case of surveillance-related lapses on stock exchanges, clearing corporations, and depositories

PNB Housing Finance expects 17% loan growth on increase in branch network

PNB Housing Finance aims to grow its portfolio by 17 per cent during the current fiscal on the back of the increase in branch network and focus on affordable housing loan. The housing finance company has enough capital to sustain this kind of high growth, PNB Housing Finance managing director Girish Kousgi told PTI. For the next 2-3 years, he said, "we dont need capital as we just raised capital through the rights issue last year". Last year, the mortgage firm raised about Rs 2,500 crore from rights issue. Talking about the strategy to achieve this kind of loan growth, he said, PNB Housing closed the year with the loan book of Rs 63,000 crore and aims to grow it by 17 per cent with focus on affordable segment. Its affordable housing loan book, which it started 15 months back, stood at Rs 1,790 crore. However, PNB Housing Finance's corporate loan book shrank 46 per cent in FY24 to Rs 2,052 crore as it was on a balance sheet cleansing exercise. He said the company would also incre

LIC Housing Finance aims for 13% growth in loan book for FY25: MD & CEO

The total outstanding portfolio of the company grew 4 per cent year-on-year to Rs 2.87 trillion from Rs 2.75 trillion in the earlier year

Want to bring down retail loan growth: YES Bank MD & CEO Prashant Kumar

Kumar says the core capital of the bank is set to improve after investors - Carlyle group and Advent International - convert the warrants into equity

Small finance banks to seek RBI clarification on loan book diversification

The AU SFB board will discuss future course of action soon. It says the focus is now on integrating with Fincare

IndusInd Bank Q4 result: PAT up 15% to Rs 2,349 cr on healthy loan growth

The bank's net loans grew 18%, it had said in its quarterly update earlier this month, outpacing a 14% growth in deposits

Loan for Vodafone Idea: Banks to check liabilities repayment schedule first

Telecom company Vodafone Idea needs to raise about Rs 25,000 crore through loans

PNB reports 11.5% loan growth in quarter ending March, BoB's up by 12.4%

State-owned Punjab National Bank (PNB) on Friday said it has posted a credit growth of 11.5 per cent at Rs 9.85 lakh crore for the March quarter. Total advances were Rs 8.84 lakh crore at the end of March 31, 2023, PNB said in a regulatory filing. The lender reported a 7 per cent increase in total deposits to Rs 13.70 lakh crore as against Rs 12.81 lakh crore at the end of the fourth quarter of the previous financial year. Total business of the bank rose 8.8 per cent to Rs 23.56 lakh crore as compared to Rs 21.65 lakh crore at the end of March 31, 2023. The Credit Deposit (CD) ratio increased to 72 per cent at the end of March 31, 2024 as against 69.1 per cent in the year-ago period. Another public sector lender Bank of India reported a credit growth of 13.56 per cent at Rs 5.86 lakh crore for the March quarter. The outstanding credit was Rs 5.15 lakh crore at the end of March 31, 2023, Bank of India said in a separate regulatory filing. The total deposit of the bank rose 10.20

RBI's regulatory clampdown may tighten loan growth next year: S&P Global

The regulatory actions would enhance the operational resilience of the system, says the rating agency

RBI's regulatory scrutiny may raise lenders' capital costs: S&P Global

MUMBAI (Reuters) - The Reserve Bank of India's (RBI) heightened regulatory scrutiny of lenders will improve governance and curtail exuberant lending but may raise their cost of capital as well as slow loan growth, S&P Global Ratings said on Tuesday.

Target for Ujjivan Small Finance Bank: 40% secured loan portfolio in 3 yrs

The bank's capital adequacy ratio saw an impact of 80 basis points after the Reserve Bank of India's (RBI's) decision to increase the risk weight on personal, unsecured, and other loans

Muthoot Finance Q3 results: Profit up 14% at Rs 1,027 cr on loan growth

The board also approved raising up to 160 billion rupees through an issue of non-convertible debentures

Retail loan origination moderates in Q2 as lenders tighten credit flow

The CMI is a comprehensive measure of data to analyse changes in credit market health, categorized under four pillars: demand, supply, consumer behaviour, and performance