Credit Growth
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RBI unlikely to cut rates amid strong economic growth, says SBI report
Business | Oct 03, 2024, 01:25 PM ISTThe 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 | Sep 02, 2023, 08:02 PM ISTNBFCs 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 | Feb 25, 2020, 10:47 PM ISTIncreased 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 | Oct 12, 2019, 06:39 AM ISTOutstanding 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 | Oct 25, 2017, 05:23 PM ISTThe 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
Aug 20, 2017, 01:59 PM ISTThe 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
Mar 28, 2016, 11:46 PM ISTPM 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
Dec 10, 2014, 08:11 AM ISTMumbai: 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, 04:59 PM ISTMumbai: 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
Apr 05, 2012, 05:55 PM ISTMumbai, 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
Jul 07, 2011, 03:41 PM ISTMumbai, 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