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Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

Bank credit grows at 11.52 per cent, deposits at 7.96 per cent

In the same period ended April 14, 2017, banks advances were at Rs 76,01,970 crore.

25 April 2018 6:07 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Bank credit grows at 12.84 per cent, deposits at 7.59 per cent

Loans to industry rose by 1.4 per cent in May 2018, against a contraction of 2.1 per cent in May 2017.

5 July 2018 7:07 PM IST

Union Minister for Railways Suresh Prabhu (Photo: PTI)

Suresh Prabhu expects 20 per cent growth in exports

Exports grew 20.18 per cent to USD 28.86 billion in May - the highest in six months.

4 July 2018 4:11 PM IST

All your credit card use reflects in your credit history which is shared by card and loan companies with credit rating agencies such as Cibil and Experian.

Unsecured bank loans rise four-times in FY15-18, says report

As of March 2018, outstanding unsecured loans stood at around Rs 5 trillion.

4 July 2018 3:48 PM IST

15 of family test positive after visiting relative at hospital. (PTI Photo)

Bad loans in banking sector may rise by Rs 5.5 lakh cr this fiscal,...

The rating agency said most sectors are likely to experience varying degrees of revenue contraction due to demand and...

22 May 2020 12:28 PM IST

The governments Bank Note Paper Mill India (BNPM) has received green signal to increase the production of bank note paper at its Mysuru unit in Karnataka from 12,000 tonnes per annum (TPA) to 16,000 TPA.

Bank credit grows at 12.64 per cent, deposits at 7.61 per cent

Advances to industry grew by 0.7 per cent in March 2018, compared with a contraction of 1.9 per cent in March 2017.

24 May 2018 2:25 PM IST

GDP stands for Gross Domestic Product.

India's 7 pc GDP growth wrong calculation: expert

Economist Vijay R Joshi says India's industrial production and bank credit are growing very slowly.

3 Jun 2017 3:44 PM IST

Earlier, the banks were asked to maintain denomination wise details of such notes and aggregate value of non-SBN note deposited in the account of each deposit or loan customer from November 9, 2016 onwards.

Bank credit sees growth at 6.02 per cent to Rs 76,58,212 crore

Bank deposits grew at 11.19 per cent to Rs 105,77,947 crore from Rs 95,13,148 crore in the fortnight ended June 10,...

21 Jun 2017 3:18 PM IST