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Credit offtake expanded by Rs. 20.4 lakh crore, deposits by Rs 23.9 lakh crore over the last 12 months
Credit offtake is a type of bank credit that assists businesses in getting financing for future pro…
ANI
Outlook for bank credit offtake remains positive in 2024: CareEdge Ratings
Outlook for bank credit offtake remains positive in 2024 while deposit growth is expected to improv…
PTI
Strong Q4 on the cards, but concerns emerge on fall in CASA deposits and credit offtake slowdown
Indian banks are expected to continue their strong performance in Q4 led by a momentum in credit gr…
Securitisation of retail assets jumps 113% on higher credit offtake
Retail assets securitisation volumes witnessed a sharp rise of 113% year-on-year to Rs 33,000 crore…
Deposit rates rise faster than lending rates in March 2023: CareEdge
In March 2023, both lending and deposit rates rose, but the rate of increase was faster for the dep…
Bank credit offtake remained poor in Apr-Sep: RBI report
Mumbai, Oct 10 (IANS) Although the banks remain flush with liquidity and interest rates lowered sig…
Indian banks to issue bonds to maintain capital levels: CARE Ratings
With credit off-take increasing, Indian banks are expected to issue bonds to maintain their capital…
CRISIL forecasts bank credit growth will plummet to 1% with the economic fallout COVID-19
Bank credit is an important factor illustrative of the general economic climate because it deno…
PTI
FM Nirmala Sitharaman to meet PSU bank chiefs on May 11 to review credit flow
The RBI had on March 27 slashed the benchmark interest rate by a massive 75 basis points and al…
PTI
FM to meet PSU bank chiefs on Friday, to review credit flow
The Union Cabinet headed by Prime Minister Narendra Modi on Wednesday approved additional funding …
PTI
Slowing credit growth critical challenge for bank: RBI Guv
"The RBI can only lay down certain rules, guidelines or sign post but ultimately the bigger respon…
PTI
FM to meet PSU bank chiefs on Monday; to review credit flow
"PSBs complemented RBI on loan moratorium. Their effective communication & proactive actions e…
PTI
Bank credit growth dips to 8.5 pc in January: RBI data
"Prolonged slowdown in bank lending may be bottoming out this fiscal, with gross credit off-take s…
PTI
SBI Caps report highlights optimistic outlook for the Indian economy, despite deteriorating global pitch
State Bank of India (SBICAPS) report titled "Maintaining Momentum on a Deteriorating Global Pitch" …
ANI
RBI likely to keep interest rate unchanged at 6.5%, say experts
Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5% on Thursday, and w…
PTI
Investments in renewables, roads, and realty to surge 38 pc over FY25-26 to Rs 15 lakh crore: Crisil
According to Krishnan Sitaraman, Senior Director and Chief Ratings Officer at CRISIL Ratings, the m…
ANI
New troubles pile on FMCG majors as they await consumption uptick
For most of the ongoing financial year, i.e. FY24, fast moving consumer goods players have been wai…
SBI’s core business stays strong despite one-time hit on account of higher wage costs in Q3
India’s largest bank SBI saw its third quarter profits slip by 35.5% as it took a ₹7,100 exceptiona…
Indian green power generators are gaining from more takers & timely payments
India’s green power generators have been gaining from increased payment discipline amongst state di…
Five reasons why markets will not run up further from here
From the lows it plumbed in March this year, Indian equities are up by 8% in 2023 after dropping by…