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retail loans News
An era of low bank loan growth to India Inc may be here
Tue, May 09, 2017
Almost all sectors saw a decline growth rate in credit disbursement FY17 with credit to industry being the lowest performer with a negative trend of 4.7% compared to 9% in FY12-16.
Bank credit growth will inch up this year but will still remain weak
Fri, Apr 28, 2017
Madan Sabnavis and Anuja Shah economists at Care Rating said, “Performance of in FY18 will depend on how the manufacturing sector fares as this is required for revival in growth in bank credit. With a share of above 40%, it is the driving force."
Performance of asset-backed securities to improve, Moody's says
Thu, Oct 13, 2016
Vincent Tordo, a Moody's Analyst said, "Although retail loans originated by non-bank financial companies (NBFCs) -- subject to the tighter criteria since 1 March 2016 -- account for the bulk of assets backing Indian ABS, we expect improving macroeconomic conditions and more rigorous collection processes by originators will boost their underlying performance."