Credit Growth
Business  /  Published 08.06.20

Spectre of zero credit growth

The lockdown has raised the spectre of stagnant bank credit this fiscal.Rating agency Crisil has forecast credit to grow just 0-1 per cent in 2020-21 against its earlier projection of 8-9 per cent.Cri...
By Our Special Correspondent in Mumbai

Business  /  Published 30.08.19

Cash prop of Rs 55250cr

The government on Friday announced an upfront infusion of Rs 55,250 crore in state-run banks to boost credit growth and regulatory compliance of the merging lenders. “The Rs 55,250-crore upfront cap...
By Our Special Correspondent in New Delhi

Business  /  Published 14.04.20

MSMEs starved of working capital

Banks are resisting the growing clamour for much-needed working capital to breathe life into a moribund economy by refusing to relent on their creditworthiness criteria while approving loan applicatio...
By Vivek Nair and R. Suryamurthy in Mumbai

Opinion  /  Published 31.12.19

Shrinking credit pool

The amount of incremental financial credit available to the commercial sector of an economy is an indication of its health. The lower the increment, the more sluggish the demand from business, reflect...
By The Editorial Board in

Business  /  Published 11.10.19

Bank credit growth slips to 8.79%

For the first time this fiscal, bank credit growth slowed to single digit, printing in at a low 8.79 per cent at Rs 97.71 lakh crore in the fortnight to September 27, according the latest data from th...
By PTI in Mumbai

Business  /  Published 24.02.20

RBI alert on slow credit growth

RBI governor Shaktikanta Das on Monday said slowing credit growth is one of the major challenges that banks are facing now. Loan growth in the system is hovering around 7 per cent. “Slowing credit ...
By PTI in Mumbai

Business  /  Published 29.05.20

Non-food credit dips

The outstanding incremental non-food credit growth contracted 1.2 per cent to Rs 91 lakh crore in April from Rs 92.12 lakh crore in March, according to latest Reserve Bank data. On a year-on-year ba...
By TT Bureau in Mumbai

Business  /  Published 01.03.20

Bank credit growth declines

Bank credit growth declined to 8.5 per cent in January from 13.5 per cent in the year-ago period led by a sharp slowdown in loans to the services sector, according to RBI data. Growth in advances to t...
By PTI in Mumbai


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