Search For "credit growth"
Updated : 2 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], Mar 1 (ANI): Economic activity is gaining steam in India as Covid-19 incidences recede but private investments are missing in action, according to the Reserve Bank of India (RBI).
Mumbai (Maharashtra) [India], February 27 (ANI): India Ratings and Research (Ind-Ra) has upgraded its FY21 credit growth estimates to 6.9 per cent from 1.8 per cent, given the improved economic environment in 2H FY21 and the government's focus on higher -- spending especially on infrastructu
Updated : 3 months, 1 week ago IST
Mumbai (Maharashtra) [India], February 4 (ANI): Government-owned State Bank of India (SBI) on Thursday reported 7 per cent year-on-year drop in net profit at Rs 5,196 crore for December quarter due to increase in provisions against bad loans.
Updated : 4 months ago IST
Mumbai (Maharashtra) [India], Jan 11 (ANI): Bank credit growth remains moderate but the outlook is improving due to healthy traction in mortgage, auto and cards led by faster economic recovery, Emkay Global Financial Services said on Monday.
Updated : 7 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], Oct 2 (ANI): Retail credit growth in the country moderated to 10.6 per cent year-on-year for the fortnight ended September 11 versus 17 per cent in January with home loan growth moderating 11 per cent, according to Motilal Oswal Institutional Equities.
Updated : 9 months, 4 weeks ago IST
Mumbai (Maharashtra) [India], July 22 (ANI): Global analytical company Crisil's consolidated income from operations for the quarter ended June 30 rose 13.5 per cent to Rs 472 crore compared with Rs 416 crore in the corresponding quarter of previous fiscal.
Updated : 1 year ago IST
New Delhi [India], May 6 (ANI) The incremental credit flow from banks, commercial papers (CPs) and corporate bonds outstanding could rise by Rs 7.3 lakh crore to 9.7 lakh crore during the current financial year FY21, according to investment information firm ICRA.
Updated : 1 year, 2 months ago IST
Mumbai (Maharashtra) [India], Mar 4 (ANI): The overall bank credit growth has been low so far this year with the first 10 months registering an increase of 3.5 per cent compared with 7 per cent last year (January over March), according to Care Ratings.
Updated : 1 year, 3 months ago IST
New York [USA], Feb 17 (ANI): Moody's Investors Service on Monday revised its growth forecasts for India to 5.4 per cent for 2020 calendar year and 5.8 per cent for 2021, down from its previous projections of 6.6 per cent and 6.7 per cent.
New Delhi [India], Jan 31 (ANI): Bank credit growth (YoY) moderated from 12.9 per cent in April 2019 to 7.1 per cent as on December 20, 2019, says the Economic Survey tabled in Parliament by Finance and Corporate Affairs Minister Nirmala Sitharaman.
Updated : 1 year, 4 months ago IST
New Delhi [India], Dec 30 (ANI): Muted economic growth, lower working capital requirements and risk aversion among lenders have compressed the incremental credit growth in current financial year (April 2019 to March 2020), according to investment information agency ICRA.
Updated : 1 year, 5 months ago IST
New Delhi [India], Dec 3 (ANI): Public sector banks (PSBs) disbursed Rs 2.39 lakh crore to micro, small and medium enterprises (MSMEs), non-banking finance companies (NBFCs), corporates, retail and agriculture sector borrowers in November, raising the total disbursement since the launch of t