Subrata Panda

Retail credit growth also declined to 16.3% due to drop in personal and vehicle loans, and rise in credit card outstanding

Resource mobilisation was a key challenge for banks over the past two years, as deposit growth lagged credit uptake

The survey, conducted in November 2024, included responses from 12 state-owned banks and 19 private sector banks to assess the adoption of emerging technologies

The corporate bond market remains a significant funding avenue for NBFCs, which are the largest issuers of bonds, with private placement being the preferred mode

The RBI noted that first defaults are predominantly observed in unsecured advances

Credit growth in the economy, which had previously been driven primarily by retail credit, has tapered off from its peak

The bank has set a reserve price of Rs 52 crore for the assets it is putting up for sale, which would translate into a recovery of 14.64%

As a result, the amount involved and the amount recovered in absolute terms was also lower than the amount involved and recovered in 2022-23

ULI is a platform that facilitates access to financial and non-financial data, streamlining credit underwriting and creating frictionless customer journeys for a diverse range of borrowers

Bank sets reserve price of Rs 85 crore to sell loans from over a million accounts

Reduction in NBFCs' reliance on banks for funds bodes well for financial stability, RBI says

The Rs 3,000 crore equity infusion into SMFG India Credit includes Rs 300 crore investment into its wholly owned subsidiary - SMFG India Home Finance

RBI introduced ASISO facility in August 2020 to offer greater flexibility in managing day-end cash reserve ratio balances

The slowdown in net FDI into India is consistent with trends observed in other emerging market economies, including Mexico, Vietnam, Indonesia, the Philippines, and Thailand, among others

Indian Railways' finance arm was in the market to raise Rs 3,000 cr

Health and motor insurance will continue to be our two most important segments

Savings of households in 'shares and debentures' has increased to 1 per cent of GDP in FY24, from 0.2 per cent in FY14

Market participants said that the price difference is largely driven by heavy supply, timing mismatches in fund flows, and rising global interest rates

According to a dealer at a state-owned bank, some of the AAA-rated issuers who tapped the market today were expecting to raise funds at the levels they normally raise

Indian 10-year government securities closed at 6.78 per cent on Thursday, while US 10-year treasuries were trading at 4.54 per cent