Page 11 - Credit Growth

India's economic growth to weaken in second half of FY20, says DBS Bank

New project announcements remain at a multi-year low, while production was depressed by weak consumer durables, non-durables, intermediate and capital goods, the bank pointed out.

Credit growth picked up rapid pace from September 2019: SBI report

As per the report, in September, the jump in retail credit at Rs 51,900 crore was nearly double that of August, of which housing loans jumped by 2.6 times.

Bankers see revival in credit growth demand as rain gods smile

Recent data also suggested that the rural growth in the fast-moving consumer goods segment witnessed a fall below urban areas for the first time in seven years

Slowing credit growth puts economic revival hopes on shaky ground

Lending growth by banks had nearly halved to 8.8 per cent at the end-September from the start of the year

Another nail in the coffin: Commercial credit down 2.6 percentage points

The contraction has been across all the four segments of the commercial credit segment, including micro, small, medium, mid and large enterprises

12% annual credit growth needed to reach $5 trillion mark by 2025: SBI MD

Against bank credit of Rs 98 trn at present, desired level should be Rs 400 trn, says Dinesh Kumar Khara; As per RBI data, Bank credit growth was 10.24% in the fortnight to August 30

Banks target weaker borrowers as credit growth slips: Why it's a risky bet

Unsecured loans can only offer banks a temporary shelter during a downturn in collateralised credit

Fix credit growth to fix the slowdown

The Indian banking crisis has merely meant a lower level of GDP growth than before the onset of the crisis

Expand credit to boost growth

The low penetration of private credit as a percentage of India's gross domestic product suggests that all channels of credit have tremendous potential to grow

Credit growth may slip to 10% on band-aids in future, warn analysts

India Ratings said the 15 top NBFCs have around Rs 5 trillion loan assets that are 'preferred for assignment or securitisation'

Fin-tech companies must test loan books, need NBFCs for scale

ICRA says credit to MSMEs will grow at 12% annually over the next 5 years

Credit offtake continues to clock double-digit growth, shows RBI research

Rating agency Icra, in a note, had said it expected banks to hike deposit rates in the near term, as incremental credit has outpaced deposits over the last quarter

Note ban effect: Low base lifts banks' credit growth to 10.65% in December

The base figures are getting revised due to the demonetisation drive and that is where you are seeing the growth, said SBI's P K Gutpa

Led by commercial papers, credit growth picks up to 14.6 % to September end

The year-on-year bank credit growth as of September 15 stood lower at 7.5%

Slow credit growth: RBI data ignores non-bank, debt mkts, says SBI report

Some industries saw a more than proportionate rise in loan funds, claimed the report

Record low credit growth: 1,000 cos borrowed Rs 1 lakh cr less in FY17

One-third of this massive contraction was led by just 10 companies

Credit growth plunges to even lower than FY17 level to 4.3%

However, loan growth had marginally risen to 5.52% in the fortnight to April 14 to Rs 76.31 trillion

What happened to credit growth?

Full-blown economic recovery depends on the reversal of the secular decline in credit growth

Credit growth falls to 60-year low

Saddled with high bad debt and weak corporate demand, credit growth plunged to a six-decade low

Banks cutting rates to use liquidity available, says Arun Jaitley

Some parties said demonetisation did not have positive impact on credit growth