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  RBI unlikely to cut rates amid strong economic growth, says SBI report

  Business | October 03, 2024 13:25 IST

  The Reserve Bank of India (RBI) is unlikely to announce a rate cut in its upcoming monetary policy meeting, according to a report by the State Bank of India (SBI). With India experiencing robust economic growth that surpasses capacity, the RBI is expected to maintain current interest rates.

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  Multibagger NBFC stock sees fresh stake buying amid continuous credit growth

  Business | September 02, 2023 20:02 IST

  NBFCs are regulated by the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI).

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  Credit growth may improve to 8-9pc in next fiscal: Crisil report

  Business | February 25, 2020 22:47 IST

  Increased demand for retail loans, strong growth in lending by private banks and pick-up in economic activity are likely to improve credit growth to 8-9 per cent in the next financial year, says a report.

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  Banks' credit growth rate slows to 8.8%, shows RBI data

  Business | October 12, 2019 6:39 IST

  Outstanding loans rose Rs 596.53 trillion ($8.40 billion) from a fortnight earlier to Rs 97.71 trillion as on September 27.

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  Rs 2.11-lakh crore bank recapitalisation to improve credit, GDP growth: Goldman Sachs

  Business | October 25, 2017 17:23 IST

  The government, on Tuesday, announced a capital infusion of Rs 2.11 lakh crore in state-run banks over a period of two years.

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  Tepid credit growth: RBI data missing non-bank, debt markets

  August 20, 2017 13:59 IST

  The RBI data on sectoral credit growth shows only one side of the story as credit per se has been expanding through non-banking channels, primarily in the debt market, said a report.

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  PM Modi Reels Out Credit Growth, FDI Inflows To Slam Doubters

  March 28, 2016 23:46 IST

  PM Modi Reels Out Credit Growth, FDI Inflows To Slam Doubters

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  Lending rates can be cut when credit picks up: SBI chief

  December 10, 2014 8:11 IST

  Mumbai: State Bank of India (SBI) chief Arundhati Bhattacharya has said the cut in lending rates can only happen when credit picks up."What the banks are waiting for is a little bit more of a

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  Bank deposits rise 14.8 pc, credit growth at 13.8 pc

  May 18, 2014 16:59 IST

  Mumbai: Bank deposits grew 14.8 per cent year-on-year to Rs 78,88,416 crore as of May 2, faster than credit growth, according to the RBI data.  Deposits of commercial banks stood at Rs 68,68,811 crore during

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  SBI Aims 19 To 20 Per Cent Credit Growth

  April 05, 2012 17:55 IST

  Mumbai, Apr 5: The country's largest lender, State Bank of India (SBI) is hopeful of posting a credit growth of 19-20 percent in the current financial year, a top bank official said.“The target (for credit

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  Banks Will Meet 19 PC Credit Growth In FY 12, Says Mallya

  July 07, 2011 15:41 IST

  Mumbai, Jul 7: Despite concerns expressed about the slowdown in demand for credit in a high interest rates scenario, Chairman of Indian Banks Association M D Mallya has said the industry will meet the targeted

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