The Reserve Bank of India's punitive risk weighting for loans has led to a decline in fresh personal loan disbursals in November 2022 compared to the previous year....
Crisil reports a 35% growth in securitisation volumes to over Rs 1 lakh crore in H1 of the current fiscal. The increase is attributed to banks' interest in retail assets and strong credit growth among NBFCs....
The credit growth momentum is waning in the country and the crucial non-food loans growth is expected to slip to 10 per cent in FY24 from more than 15 per cent in FY23, a Japanese brokerage said on Monday. Ebbing inflationary ...
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 ...
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. ...
India will need to double its credit growth to 15 percent to become a $5 trillion economy by the financial year 2024-25, say bankers. They further said that it is achievable as the country has recorded high double-digit credit growth in ...
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 ...
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 ...