Home loan growth slows amid rise in interest rates

Home loan growth slows amid rise in interest rates

Home loan growth, the prime driver of bank credit in the retail segment, is slowing down following t..

Credit growth at 16.8% vs deposits' 10.3% in Dec quarter

Credit growth at 16.8% vs deposits' 10.3% in Dec quarter

Banks' credit growth doubled to 16.8% in the October-December quarter from a year earlier but was lo..

SBI Q3 net up 68% to Rs 14,205 cr amid strong loan growth

SBI Q3 net up 68% to Rs 14,205 cr amid strong loan growth

State Bank of India (SBI) reported a 68.47% year-on-year jump in net profit to Rs 14,205 crore for t..

Economic Survey pegs GDP growth at 6-6.8% in FY24

Economic Survey pegs GDP growth at 6-6.8% in FY24

The Economic Survey 2022-23, the annual report card on the health of the economy, painted a rosy pic..

Loan growth, liquidity stress and rate hikes in 2023

Loan growth, liquidity stress and rate hikes in 2023

Banks need to take a harder look at liquidity as the Indian economy moves towards higher interest ra..

Banks may increase deposit rates amid rise in credit growth

Banks may increase deposit rates amid rise in credit growth

Banks may have to further hike deposit rates to meet a surge in credit demand, the Reserve Bank of I..

Banks to see record credit growth of Rs 19 trillion in FY23: ICRA

Banks to see record credit growth of Rs 19 trillion in FY23: ICRA

Bank credit growth is expected to touch a new high, surpassing the Rs 19 trillion in the current fis..

Strong loan growth in FY23 despite higher interest rates: Fitch

Strong loan growth in FY23 despite higher interest rates: Fitch

Despite higher interest rates, bank credit in India will see strong growth in the current financial ..

Credit growth accelerates to 17.2% in September quarter

Credit growth accelerates to 17.2% in September quarter

Bank credit growth accelerated to 17.2% in the September quarter from 7% a year ago and 14.2% in the..

Banks rely on CDs as loan growth surges

Banks rely on CDs as loan growth surges

With credit growth far outstripping deposit accretion, banks are raising funds through certificates ..

SBI’s strong Q2 performance indicates credit growth revival in economy

SBI’s strong Q2 performance indicates credit growth revival in economy

State Bank of India (SBI), which became the country’s most profitable company in the fiscal second q..

Union Bank of India Q2 net surges, loan growth up 22%

Union Bank of India Q2 net surges, loan growth up 22%

State-owned Union Bank of India reported a 21% year-on-year rise in net profit to Rs 1,848 crore in ..

PNB CEO targets higher bad loan recovery, double-digit credit growth in FY23

PNB CEO targets higher bad loan recovery, double-digit credit growth in FY23

Punjab National Bank (PNB) is looking to recover Rs 32,000 crore worth of bad loans and reduce its n..

Canara Bank CEO sees ‘decent’ double-digit credit growth; credit card arm likely by Q3

Canara Bank CEO sees ‘decent’ double-digit credit growth; credit card arm likely by Q3

Canara Bank plans to raise Rs 7,000 crore in the remaining part of the financial year and float a cr..

IndusInd Bank eyes 20% credit growth in FY23

IndusInd Bank eyes 20% credit growth in FY23

Private sector lender IndusInd Bank reported a 64.4% year-on-year rise in net profit to Rs 1,603.29 ..