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SBI chief Arundhati Bhattacharya

Credit growth is 'unfinished agenda', says outgoing SBI chief

Arundhati Bhattacharya will be replaced by colleague and banking veteran Rajnish Kumar.

6 Oct 2017 3:31 PM IST

Shiv Sena and MNS have always stressed on the of use Marathi as a official language in all central government offices, nationalised banks, railways, airport, etc.

PSBs need Rs 2.06 trillion capital for 8-9 pc credit growth in FY19

The recapitalisation amount from the government will go towards sustaining the banks.

8 Feb 2018 5:56 PM IST

For the period between April 2014 and March 2017, the overall bank PV loans grew at a compounded annual growth rate (CAGR) of 18 per cent.

PV finance may grow at 16-17 per cent to hit Rs 6.5 trillion

The expansion in credit will be driven by passenger vehicle (PV) sales volume and passenger vehicle realisation growth.

3 April 2018 6:50 PM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

'Banks need Rs 20 trillion deposits for credit growth, may up rates'

Credit to deposit ratio will jump to 78 per cent by the end of FY19 from the 73 per cent levels in March 2017.

6 Feb 2019 3:33 PM IST

Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.

Overall credit growth not broadbased, to MSMEs it's muted: Shaktikanta...

Das said the RBI will continue to watch macroeconomic factors and will act timely on the same.

4 April 2019 12:42 PM IST

Finance Minister Nirmala Sitharaman addressing Cooperative Group Housing Society Maha Sammelan. (Photo: ANI)

Finance Minister Sitharaman to meet CEOs of PSU banks on Friday

The country's largest bank, State Bank of India, has lending worth Rs 1.76 lakh crore classified as NPA till march 2019.

1 Aug 2019 10:18 AM IST

The stock markets will be steered by RBI policy, macroeconomic data points and global trends this week, say experts.

Non-food credit growth up to 10.7 per cent for April: RBI

Priority sector loans growth slowed down to 5 per cent from the 5.7 per cent in the year-ago period.

1 Jun 2018 9:33 AM IST

RBI data on sectoral credit growth shows only one side of the story as credit per se has been expanding through non-banking channels, said a report by SBI Research. Photo: PTI

RBI data on sectoral credit growth one-sided, credit per se in debt...

According to the RBI data, in the week to August 4, there was an incremental credit degrowth of Rs 1.1 trillion.

20 Aug 2017 11:05 AM IST

Lower interest rates and more funds with banks are positive signals for economic recovery when the uncertainty around the demonetisation impact fades. (Representational Image)

Bank credit demand seen rising 7-8 pc in FY18

Deposit growth is expected slow to 5-7 per cent in fiscal 2018 from 11.8 per cent.

5 May 2017 5:28 PM IST

On the other hand, the slowdown in economic activity has weighed on demand for credit among retail borrowers.

Non-food credit inches up 4.5 per cent in April

Loans to agriculture and allied activities rose by 7.4 per cent in April 2017, lower than the 15.3 per cent growth in...

2 July 2017 11:07 AM IST

India has been the worlds fastest growing major economy over the past two years.

Credit growth plunges to even lower than FY17 level to 4.3 per cent

The cumulative growth for the first month of the new fiscal year is only 5.3 per cent.

10 May 2017 6:36 PM IST

The latest Financial Stability Report by the RBI had said the gross non-performing advances ratio increased to 9.1 per cent from 7.8 per cent between March and September 2016

NPA pains to spill over into next fiscal: Moody's

Asset quality will remain a negative driver of the credit profiles of most rated banks in the country and the stock of...

9 Jan 2017 3:24 PM IST