Page 5 - Credit

Banks lend Rs 63,574 crore to 1.38 mn borrowers via outreach programme

Both public and private banks have extended credit through 10,580 camps under the programme. Loans are over and above those under various central government loan guarantee schemes

BharatPe plans $5 bn loan book to help small businesses with credit: CEO

Company expects growth from Unity Small Finance Bank, its joint venture with Centrum Group, says Suhail Sameer

Credit to retail, industry accelerates in August, slows in services sector

Loans for farming and allied activities continued to perform well, up 11.3% this August from 4.8% a year ago

Credit ratio rises to 4x to 2.3 in April-Aug on better corp health: Acuite

Reading also crossed pre-pandemic level of 1.8 in 2019; upgrades more than doubled to 1,380 from 571 and downgrades shrunk by 40.8 per cent from 1,015 in April-August 2020 to 601 in Apr-Aug 2021

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

Personal loan growth boosted credit outflow in April: HDFC Securities

Growth in agricultural credit continued to accelerate

How KKR's big bet on India credit became a cautionary tale for investors

Rocked by the shadow-banking crisis in India, KKR's local credit unit lost $207 million in the final nine months of 2019, wiping out nearly 40 per cent of its capital

Non-food bank credit grows 6% in November, shows RBI data

Non-food credit growth of banks stood at 6 per cent in November 2020 as compared to 7.2 per cent in the same month of the previous year, RBI data showed

China issues rules on social credit system amid public concerns

China has issued guidelines on developing its social credit system, which is aimed at promoting trust in companies and individuals

Demand for retail credit makes a comeback in November: CIBIL report

Although year-on-year growth across key metrics has yet to reach pre-pandemic levels, there has been positive momentum for credit demand

Digital architectures expanding reach of credit to MSMEs: RBI Governor

"The need is to have a right set of policies and enabling framework which guide and support MSMEs to effectively handle their existing problems and venture into new areas," Das said

Only 6% of adults aged till 24 are credit active in India, says report

Gen Z is the newest generation born between 1995 and 2015

Budget 2020: Telecom gear makers seek Rs 10k cr line of credit facility

The industry body has also demanded up to 75 per cent quota for locally-made telecom equipment to reduce imports

Govt's mega plan to boost exports: Credit at lower rate for small biz soon

Interest rates will likely fall to 3.15% for export credit in dollar terms and 7.35% in rupee terms

Former RBI deputy governor H R Khan to head micro-finance panel

CRL was launched in September by MFIN and Sa-Dhan, an RBI-recognised association of MFIs, along with Finance Industry Development Council, an association of NBFCs

Indian shadow banks remain weak as credit crisis continues unabated

Authorities have taken more steps recently to help the shadow bank sector, which plays a vital role in getting money to everyone from small merchants to property tycoons

Credit set for worst year since 2008 crisis as crashes roil markets

High-yield and investment-grade notes are headed for losses in both euros and dollars - the first time all four asset classes have posted negative total returns since 2008

Credit to industry shrinks 1.9% in Mar 17

In contrast, credit to services sector jumped to 19.5% by the end of March 2017