Bank credit grows by 7.9%; deposits by 8.6%: RBI Data
In the fortnight ended February 26, 2021, bank advances stood at Rs 107.75 lakh crore.
Mar 10, 2022, 21:22 PM IST
Bank credit grows 5.33%; deposits rise 10.94%
However, the year-on-year growth rate has fallen in the first month of the new financial year (i.E., April 2021) for the first time in five years, reflecting subdued credit demand amid the rising second wave of the pandemic, the report said.
Apr 26, 2021, 20:34 PM IST
Banks' net profit declines by 18% in Q2: CARE Ratings
The review is in the backdrop of slowdown in deposit and credit growth, reduction in base rate, repo rate, marginal cost of fund based lending rate (MCLR) and term deposit rate.
Nov 07, 2017, 23:11 PM IST
Present project financing ways must change: Chanda Kochhar
With lenders' bets on project loans turning awry, ICICI Bank's Chanda Kochhar has said project financing is set to undergo fundamental changes wherein greater focus will be on planning and diligence.
Aug 24, 2017, 12:17 PM IST
Rs 2.6 trillion of bank credit may slip in next 12-18 months: IndRa
Domestic rating agency India Ratings and Research on Wednesday said the banking system has Rs 7.7 trillion of unrecognised stressed loans in corporate and SME sector and expects around 35 per cent of them to slip into the NPA category in the next 12-18 months.
May 17, 2017, 18:41 PM IST
'RBI should cut rates by 0.75%; ensure banks pass on benefit'
The Reserve Bank should cut interest rate by 0.5-0.75 percent in view of dismal credit growth as well as subdued demand and, along with government, nudge banks to pass them on at a time when demonetisation has led to "windfall gains", an industry body said today.
Feb 05, 2017, 14:35 PM IST
Credit, deposits growth decline in Q2: RBI
The growth rate of deposits and credit was 12.3 percent and 9.5 percent, respectively, in the same quarter last year.
Nov 26, 2015, 23:54 PM IST
Bank credit grows 9.54% to Rs 67,83,127 crore
Schedule commercial banks' credit increased by 9.54 percent to Rs 67,83,127 crore in the fortnight ended October 16, according to RBI data.
Oct 28, 2015, 22:58 PM IST
Bank credit decelerates to 8.6% in Apr-Jun quarter
Scheduled commercial banks' credit growth slowed to 8.6 percent in quarter ended June against the 12.9 percent in the same period last year, the RBI data showed.
Aug 28, 2015, 22:25 PM IST
SBI chief does not see credit pick up before March quarter
State Bank chairperson Arundhati Bhattacharya Thursday said bank credit is not picking up despite the seeming revival in the economy, adding that an improvement is not likely before the March quarter.
Aug 06, 2015, 23:40 PM IST
Credit growth at tepid 3.7% in first 9 months of FY15
Rural and semi-urban centres registered higher growth in credit, RBI said.
Jun 29, 2015, 21:48 PM IST
Bank credit, deposit fall steeply in March quarter: RBI
Bank credit grew at a slower rate of 9.8 percent and deposit growth rate slowed down to 10.7 percent in the March quarter, says RBI data.
Jun 22, 2015, 22:13 PM IST
Signs of pickup in bank credit, says SBI Chairwoman
State Bank of India's Chairwoman Arundhati Bhattacharya on Friday said there are signs of pickup in bank credit and demand for working capital from corporates has also started to rise.
Jun 19, 2015, 21:58 PM IST
Commercial banks' non-food credit rises by 8.9%: RBI
Non-food credit of scheduled commercial banks rose by 8.9 percent on a year-on-year basis to Rs 60,41,400 crore in April, according to RBI data released on Friday.
May 29, 2015, 21:43 PM IST
Bank credit grows at 10.16%; deposits up 11.85%: RBI
Scheduled commercial banks' credit grew at 10.16 percent to Rs 66,32,101 crore in the fortnight ended May 15, according to the Reserve Bank data.
May 27, 2015, 22:05 PM IST
FY14 credit growth slips to 13.7%: RBI
The gross outstanding credit of scheduled commercial banks rose 13.7 percent to Rs 62,82,100 crore in financial year 2013-14, a marginal decline from the previous fiscal when it registered an increase of 15 percent, the Reserve Bank said on Friday.
May 08, 2015, 18:14 PM IST
Power sector total loan from banks at Rs 5.83 lakh crore
The total outstanding credit to the power sector from various banks amounted to Rs 5.83 lakh crore at the end of 2014 but the government has no plans to reschedule the loans to electricity generating firms.
Mar 19, 2015, 18:24 PM IST
Credit offtake growth slips to 10.2%; deposits up by 11.62%
Growth in non-food credit offtake from commercial banks slowed to 10.19 percent at Rs 65,24,257 crore for the fortnight ended March 6, according to Reserve Bank of India (RBI) data released Wednesday.
Mar 18, 2015, 20:32 PM IST
Bank credit up 10.39% at Rs 64,53,394 crore
Bank credit growth continued to trail deposit mop-up and remained muted with a mere 10.39 percent rise at Rs 64,53,394 crore in the fortnight to February 20, up from Rs 58,45,833 crore a year ago, according to the latest data released by the Reserve Bank.
Mar 06, 2015, 15:46 PM IST
Bank credit continues to trail deposit growth
Indian commercial banks' credit grew 10.38 percent to Rs 64,41,519 crore in the fortnight to February 6, according to Reserve Bank data released Wednesday.
Feb 18, 2015, 22:38 PM IST
