Bank credit grows at 17.2% in September quarter; Private lenders outpace PSBs in deposit mobilisation: RBI data
Bank credit growth improved further to 17.2 per cent (year-on-year) in September 2022 from 14.2 per cent a quarter ago and 7 per cent a year ago.
Nov 28, 2022, 18:06 PM IST
Bank credit grows 5.33%; deposits rise 10.94%
However, the year-on-year growth rate has fallen in the first month of the new financial year (i.E., April 2021) for the first time in five years, reflecting subdued credit demand amid the rising second wave of the pandemic, the report said.
Apr 26, 2021, 20:34 PM IST
Finally, bank credit growth moves into double-digits in Q2: RBI data
In the September quarter, bank credit had grown at 6.5% while in the June quarter, it was up by 8%.
Feb 27, 2018, 23:30 PM IST
Bank credit growth still lingers in H1 as debt market soars
Bank credit growth continued to disappoint during first half of the current fiscal with an annual growth of just 8.4 per cent at Rs 62.02 trillion (Rs 62.02 lakh crore), down 20 bps, as per Care Ratings.
Nov 15, 2015, 16:47 PM IST
Bank credit growth slows to 9.8%
Growth rate of credit by scheduled commercial banks slowed to 9.8 percent at Rs 66,33,417 crore for the fortnight ended May 29, as per Reserve Bank data.
Jun 10, 2015, 16:11 PM IST
