Page 9 - Credit Growth

Credit growth in fiscal 2022 to be in low double-digit: Care Ratings

The slowdown in economy can further delay anticipated pick-up in credit growth apart from the likely impact on asset quality.

India's credit ecosystem resilient despite Covid-19 pandemic: Experian

The credit information bureau says in a report India's consumer credit market is projected to grow at a higher rate than most major economies globally

Buy now, pay later players tackle credit conundrum in West Asia's Gulf

Digital buy now, pay later (BNPL) purchasing is relatively new to the region where consumers have traditionally been sceptical of paying for goods before getting them

China's central bank asks major lenders to curtail credit growth this year

Lending the same amount this year would bring the outstanding balance to about 192 trillion yuan

J&K Bank to get up to Rs 500 crore to maintain adequate capital buffers

The capital adequacy improved on equity infusion of Rs 500 crore by the J&K government in Q4FY20 and three profitable quarters in FY21

Ind-Ra upgrades fiscal year 2021 credit growth estimates to 6.9%

Improved economic environment in 2H FY21 helped

SBI: Turning over a new leaf, poised to benefit from credit growth

Stress on the asset quality front is at a multi-quarter low; bank ups PCR to 90 per cent

Indian economy weak, credit growth bottoming out: BofA Securities

BofA Securities on Friday said the Indian economy continues to be weak, pointing to activity indicators tracked by it

BofA, CLSA think Axis, IndusInd Bank are ripe for re-rating; here's why

Analysts at BofA Securities have upgraded Axis Bank, IndusInd Bank, and State Bank of India (SBI) on a "surprisingly" resilient asset quality outlook, and reasonable valuations

Retail lending by banks shrinks sequentially in November, up 10% YoY

Within this space, vehicle loans continued to perform well, growing at an accelerated 10% this November, compared to 4.7% a year ago, RBI said in statement

Bankers hope retail, SME segment will sustain credit offtake in H2

Easing of slippage risk seen as GDP contraction narrows

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