Banks notch up 16.3% credit growth in FY24
Scheduled commercial banks (SCBs) ended FY24 with a higher non-food bank credit growth of 16.3 per cent against 15.4 per
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Scheduled commercial banks (SCBs) ended FY24 with a higher non-food bank credit growth of 16.3 per cent against 15.4 per
Continue readingGaining from conducive macro-economic conditions, the credit quality of Indian companies remained strong between October 2023 and March 2024
Continue readingRatings agency ICRA has revised upwards its projection of bank credit growth in FY24 to 14.9-15.3 per cent, estimated at
Continue readingThe Reserve Bank of India’s recent decision to hike risk weights on certain segments of consumer credit is a reflection
Continue readingNon-food bank credit growth moderated to 15.3 per cent year-on-year in October 2023 as compared with 18.3 per cent a year ago
Continue readingFunding raising by India Inc via external commercial borrowings declined about 68 per cent in July 2023 to $2.55 billion,
Continue readingBanks saw robust credit and deposit growth in the fortnight ended August 11, according to RBI data. Deposit growth, however,
Continue readingBank credit registered a robust growth of 16.3 per cent year-on-year (y-o-y) in June 2023 as compared with 15 per cent
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