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Credit demand from private corporate sector remained subdued: RBI
Thu, Dec 21, 2017
On group-wise performance, credit moderation was largely in metropolitan population groups while loans in rural, semi-urban and urban areas increased marginally.
Banks deposit and credit growth moderate in Q2FY18: RBI
Tue, Nov 28, 2017
The RBI data showed that aggregate deposits and bank credit growth (y-o-y) decelerated across all population groups and bank groups in September 2017 from a quarter ago.
As India Inc looks away, public and private banks' turf war now shifts to retail loans
Mon, Sep 25, 2017
Retail loan has less exposure in banks stressed assets and has been considered a favourable segment which can boost the lenders credit cycle.
Can a home loan push help banks revive credit growth?
Tue, Sep 05, 2017
Banks credit growth continues to remain at a historic low. It stood at Rs 69.45 lakh crore in July 2017 – recording growth of just 4.7% year-on-year (YoY) basis.
Banks are now creating higher provisions for their agri loans
Mon, Sep 04, 2017
Five states have announced farm loan waiver since the start of 2017. RBI along with banks have been very cautious on agriculture sector as credit risk gets hampered in the process.
RBI data show that Indians are rushing to withdraw cash as demonetisation pain eases
Wed, Mar 01, 2017
HDFC Bank in one of its report said, “With the surge in deposits growth from 9.8% in 1H-FY17 to around 13% in 2H-FY17, commercial banks in India are at the moment flush with liquidity. After a spurt in deposits post-demonetisation, there is now a trend-reversal underway.”
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."
Note ban can't alone curb black money accumulation: Rangarajan
Sat, Feb 18, 2017
"All this will have an immediate effect on the economy which will be adverse. The long term gains are in terms of reduction in the proportion of pure cash transactions, and a shift to digital mode of payment leading to recording of all transactions and thereby helping to widen tax net," Rangarajan said.
Govt sanctions 15,341 loans under Stand Up India scheme to women entrepreneurs in FY17
Sun, Jan 01, 2017
The government sanctioned over Rs 70,000 crore loans to over 2 crore borrowers including women entrepreneurs under its Pradhan Mantri Mudra Yojana (PMMY) scheme in the fiscal year 2016-17 (FY17).
RBI's Financial Stability Report: Recovery of bad loans lowers
Thu, Dec 29, 2016
RBI said that recovery of bad loans from various channels slowed down for PSBs and many Scheduled Commercial Banks (SCBs) as compared to previous years.
Scheduled banks' April-June performance remain sluggish
Wed, Aug 31, 2016
In June 2016, the number of reporting offices under commercial bank, consistently increased in all sections such as rural (50,421 from 48531 of June 2015), semi-urban (36,056 versus 33929 of June 2015), urban (25,062 against 23803 in June 2015) and metropolitan (22475 from 21080 of June 2015).