banks credit growth
Happy New Year 2019! Good news! RBI Financial Stability Report out; Banks back on track
Mon, Dec 31, 2018
RBI says, "SCBs’ credit growth on a year-on-year (y-o-y) basis improved across bank groups between March and September 2018, largely driven by the private sector banks (from 21.3 per cent in March 2018 to 22.5 per cent in September 2018)."
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Double digit loan growth possible next year, says HDFC Bank
Sun, Dec 03, 2017
After clocking just under 10% growth for almost a year, credit expansion fell to under 5% starting November 2016. Since then it has been struggling to cross the double digit mark on sustained basis due to the impact of demonetisation and the implementation of Goods and Services Tax (GST).
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RBI warns of more NPA pain, sees bad loans topping 10% by March
Fri, Jun 30, 2017
Level of GNPAs of large borrowers increased between September 2016 and March 2017, their restructured standard advances declined during the same period resulting in a reduction of total stressed advances by 1.8%.
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Cheaper interest rates fail to spur home loans demand
Mon, Mar 20, 2017
In the first week of January, State Bank of India (SBI) took the lead by making 90 basis point revision in home loan rates. It was soon followed by other public and private banks where rate cuts in the range of 10 basis points to 90 basis points were undertaken.
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Banks deposits soar 16% but credit fails to grow
Wed, Mar 01, 2017
RBI said, "On a year-on-year (y-o-y) basis, aggregate deposits grew at an accelerated pace in all population groups (except in metropolitan areas) and for all bank groups; on the other hand, however, bank credit decelerated across all population groups and bank groups."
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ICRA expects borrowers to switch from base rate to MCLR
Tue, Jan 17, 2017
In view of the increased differential of 100 basis points (bps) between base rate and the Marginal Cost of Funds based Lending Rate, the credit rating agency said, it "expects a number of borrowers to switch from base rate to MCLR".
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Q3 review: Credit growth, weak NII, fee income to impact banking sector
Tue, Jan 10, 2017
Systematix said, "We expect banks’ pre-provisioning profits to rise a modest 7.7% yoy (-14.2% qoq). However, due to lower NPA provisioning yoy, we expect our banking universe to see the net profit rising 54.9% yoy in 3QFY17e."
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