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Credit Growth Shows Consistent Improvement: CARE Ratings
The bank credit grew by 7.3% y-o-y for the fortnight ended November 05, 2021) from 5.7% in the year ago period (fortnight ending November 06, 2020), CARE Ratings has said in its latest report. "The credit growth expanded by 162 bps ...
Credit And Deposit Growth Picked Up: CARE Ratings
The y-o-y credit growth rate for the current fortnight increased when compared with the y-o-y credit growth rate in the previous month due to the base effect and as restrictions eased gradually across select regions in India, CARE Ratings has said. ...
More In-depth Scrutiny Of Loan Applications In The Offing
The recent scams and investigation cases being carried out around ICICI and Axis bank has make the sector overly cautious. A leading business daily reported that decision on loan grant which were a usual practice and considered a routine work until ...
Rise In IPO Activity May Spur Credit Growth
A rise in the number of companies using the initial public offering (IPO) route to raise capital so far in this fiscal is likely to spur credit growth in some of the sectors, says a report. In the current fiscal, domestic ...
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