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bank credit news

MSMEs get special attention in budget

Union Finance Minister Nirmala Sitharaman. (Ajay Aggarwal/HT Photo)
india news
Updated on Jul 24, 2024 06:15 am IST

Indian loan-taking to grow faster than GDP growth this year: SBI Capital Markets

Credit growth in the Indian banking sector is expected to exceed nominal GDP growth in the current financial year 2024-25, growing at 13-15 per cent (Google/CollegeVested)
business
Published on Jul 07, 2024 04:31 pm IST

RBI says bank credit growth accelerates to 17.2 % in September quarter: Report

As per RBI data, year-on-year growth in term deposits rose to 10.2 per cent in September 2022.
business
Published on Nov 28, 2022 06:05 pm IST

Bank credit grows 3.2 pc in first nine months of FY21

The sharp accretion in deposits during the year was due to the safe haven appeal of banks.
business
Published on Jan 17, 2021 01:48 pm IST

Worrying signals for the economy | HT editorial

Data from RBI shows that adjusted non-food bank credit to the commercial sector from banks was negative in the year to September 13
editorials
Updated on Oct 04, 2019 07:00 pm IST

18 mn new rural houses in next 3 yrs on NDA agenda

The popularity of the Pradhan Mantri Awas Yojna (PMAY), a modified version of the United Progressive Alliance’s Indira Awas Yojna, has prompted the Centre to set a target of constructing 6 million houses annually for the next three years.
india news
Published on May 27, 2019 09:51 pm IST

Credit growth doesn’t reflect the health of the banking system

When the RBI had attempted to clean up bank balance sheets, push pushed for recognition of bad assets and put weak banks under the prompt corrective action (PCA) framework, there resulted a sharp slowdown in bank credit growth
analysis
Updated on May 05, 2019 10:27 am IST

Private investment in infrastructure must go up

In addition to financial sector reforms, funding infrastructure through private sector participation needs reforms in the contracting mechanism.
analysis
Updated on Apr 12, 2019 09:59 am IST

Demonetisation led to decline in MSME sector, GST dented exports: RBI study

A major obstacle for growth of MSMEs is their inability to access timely and adequate finance as most of them are in niche segments where credit appraisal is a major challenge.
business
Updated on Aug 17, 2018 10:45 pm IST

RBI releases draft norms to modify loan system for large borrowers

The RBI has invited comments on the draft guidelines from banks and other stakeholders by June 26.
business
Updated on Jun 12, 2018 12:57 pm IST

Think twice before busting India’s ailing banks

On Monday, federal investigators went after Usha Ananthasubramanian, currently the head of state-run Allahabad Bank, filing formal charges over her alleged involvement in a multi-billion dollar fraud involving jeweller Nirav Modi.
business
Updated on May 17, 2018 07:22 pm IST
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