Non-bank credit flow fell 19.4% in FY19, says central bank
5 years, 4 months ago

Non-bank credit flow fell 19.4% in FY19, says central bank

Live Mint  

Mumbai: While credit flow from non-banks declined 19.4% in fiscal year 2018-19, flows from banking sources rose 44% during the period to meet the financing requirements of the commercial sector, the Reserve Bank of India said in its 2018-19 annual report. “The decline in flows from non-banks was mainly on account of lower flows from non-deposit-taking systemically important NBFCs and housing finance companies, particularly in the aftermath of the IL&FS event,” it added. Non-banking sources include systemically important non-deposit-taking non-banking financial companies, net credit by housing finance companies, net issuance of commercial papers subscribed to, by non-banks and public issues by non-financial entities, among others. Sector-wise, credit to both ‘agriculture & allied activities’ and ‘industry’ accelerated to 8.7% and 6.4% respectively, while credit to the services sector moderated to 13.0% in June 2019.” “It is noteworthy that credit growth to infrastructure sector recovered sharply to 15.2% in June 2019 mainly due to strong credit flow to power, telecommunications and roads sectors,” the report said.

Financial Central Bank Commercial Sector Rbi Flows Flow Bank Credit Credit Flow  194  sector  central  sources  201819  flows  net  fy19  fell  nonbank  flow  financial  commercial  nonbanks  bank  credit

History of this topic

India’s banking credit growth to remain subdued in FY2026, lowered forecast: ICRA
1 week, 6 days ago

India’s banking credit growth to remain subdued in FY2026, lowered forecast: ICRA

Live Mint  

New Delhi, January 2 : Credit rating agency ICRA has lowered its banking credit growth estimate for FY2025 to 10.5-11.0 per cent, down from its previous forecast of 11.6-12.5 per cent. For FY2026, ICRA anticipates a further slowdown in credit growth, estimating a range of 9.7-10.3 per cent, influenced by the high CD ratio and upcoming changes in the liquidity …

FDI equity inflows jump 43% in July-Sept quarter
1 month, 2 weeks ago

FDI equity inflows jump 43% in July-Sept quarter

Hindustan Times  

New Delhi Foreign direct investment equity inflows to India jumped 43% to $13.61 billion in the July-September quarter of 2024-25 compared to $9.54 billion in the same period last year, a government official said, citing provisional data. The Banking, Financial Services, and Insurance sector has witnessed an increase in demand for office spaces, emerging as the second-largest occupier in India, …

India’s current account deficit in Q1 FY25 widens to $9.7 billion
3 months, 2 weeks ago

India’s current account deficit in Q1 FY25 widens to $9.7 billion

The Hindu  

India’s current account deficit widened marginally to $ 9.7 billion in Q1:2024-25 from $8.9 billion in Q1:2023-24 and against a surplus of $4.6 billion in Q4:2023-24, according to dada released by the Reserve Bank of India on Monday. The current account surplus for Q4:2023-24 was revised downwards to $4.6 billion from US$ 5.7 billion earlier due to an upward adjustment …

India's non-banking financial sector grew by 10%; declined globally by 3 %
6 months, 4 weeks ago

India's non-banking financial sector grew by 10%; declined globally by 3 %

Hindustan Times  

India's non-banking financial sector registered a growth of 10 per cent however globally the sector declined by 3 per cent, highlights a report by SBI. The report highlighted India as the third-largest entities in the non-banking financial sector, following the United States and the United Kingdom. However, Economic Function 2 entities i.e., entities undertaking lending activities, which are akin to …

NBFC lenders find borrowing a costly affair
9 months ago

NBFC lenders find borrowing a costly affair

Live Mint  

MUMBAI : Non-bank lenders are struggling through a spike in borrowing costs as banks have become cautious in lending to them following a regulatory warning, forcing these companies to diversify their money sources. The Reserve Bank of India in November increased the risk weights on NBFCs by 25 percentage points, making their cost of borrowing from banks costlier by 30-50 …

Drop in FDI inflows mirrors global trend: Finmin
9 months, 2 weeks ago

Drop in FDI inflows mirrors global trend: Finmin

The Hindu  

The decline in India’s net foreign direct investment inflows, which have dropped almost 31% to $25.5 billion over the first ten months of 2023-24, is in line with the slowdown in such investments to developing countries, the Finance Ministry has said, while holding out hope for an uptick in investments this year. While overall global FDI flows rose 3% to …

Credit growth trajectory likely to slow down to 12-14% YoY over FY25-27, says Emkay Global
9 months, 3 weeks ago

Credit growth trajectory likely to slow down to 12-14% YoY over FY25-27, says Emkay Global

Live Mint  

India’s banking sector is expected to face a slowdown in credit growth and with banks exhausting strategies to sustain margins, the imperative for mobilizing deposits emerges, analysts said. The credit growth trajectory is expected to slow down to 12-14% year-on-year over FY25-27E from the current 16.5% YoY, according to Emkay Global Financial Services. The overall deposit growth and more so …

T.N.’s foreign direct investment inflows fell 27.7% to $2.17 billion in 2022-23
1 year, 5 months ago

T.N.’s foreign direct investment inflows fell 27.7% to $2.17 billion in 2022-23

The Hindu  

Tamil Nadu’s Foreign Direct Investment inflows declined 27.7% to about $2.17 billion in the financial year 2022-23 from $3 billion in 2021-22, as per data shared in Parliament recently. Many other key States, except for Gujarat, have India’s FDI inflows as a whole, declined 16.34% to $70.97 billion in 2022-23 from $84.84 billion in 2021-22, as per the provisional figures …

Indian banks to see record credit growth of over ₹19 trillion in FY23: Icra
2 years ago

Indian banks to see record credit growth of over ₹19 trillion in FY23: Icra

Live Mint  

New Delhi: Indian banks are likely to witness a record high credit growth, surpassing the ₹19 trillion in the current fiscal year, domestic rating agency Icra said on Monday. Further, the growth momentum is expected to remain strong in FY2024 as well, even though rising interest rates and tight liquidity conditions could moderate the growth,” said Anil Gupta, senior vice …

India is on track to attract USD 100 bn FDI this fiscal: Govt
2 years, 3 months ago

India is on track to attract USD 100 bn FDI this fiscal: Govt

India TV News  

Highlights India is on track to attract USD 100 billion foreign direct investment in the current fiscal In 2021-22, the country received the "highest ever" foreign inflows of USD 83.6 billion FDI equity inflows in India dipped by 6 per cent to USD 16.6 billion during April-June period India is on track to attract USD 100 billion foreign direct investment …

India registers highest FDI inflow in FY21-22, IT sector bags 25% of total
2 years, 7 months ago

India registers highest FDI inflow in FY21-22, IT sector bags 25% of total

Op India  

In the fiscal year 2021-22, India has recorded the largest annual Foreign Direct Investment inflow of USD 83.57 billion. In 2014-2015, India received 45.15 billion USD in FDI, compared to the highest ever annual FDI inflow of USD 83.57 billion reported for the fiscal year 2021-22, surpassing the previous year’s FDI by USD 1.60 billion. Computer Software & Hardware has …

FDI inflow dips 26% in 2021: Unctad
2 years, 11 months ago

FDI inflow dips 26% in 2021: Unctad

Deccan Chronicle  

Chennai: FDI flows to India were 26 per cent lower in 2021, according to an UN body. According to Unctad, the decline in FDI in 2021 was mainly because large mergers and acquisitions deals recorded in 2020 were not repeated last year. Global foreign direct investment flows showed a strong rebound in 2021, up 77 per cent to an estimated …

India Records 0.2% Current Account Deficit in December Quarter
3 years, 9 months ago

India Records 0.2% Current Account Deficit in December Quarter

News 18  

India’s current account swung to a deficit for the first time in the current fiscal, with the gap coming at USD 1.7 billion or 0.2 per cent of the GDP in the December quarter. The critical measure of a country’s external strength now stands at a surplus of 1.7 per cent of GDP for the first nine months of the …

Bank Credit Rises 5.15% in Fortnight Ended September 25: RBI Data
4 years, 3 months ago

Bank Credit Rises 5.15% in Fortnight Ended September 25: RBI Data

News 18  

Bank credit grew by 5.15 per cent to Rs 102.72 lakh crore, and deposits rose by 10.51 per cent to Rs 142.64 lakh crore in the fortnight ended September 25, according to RBI data. In the previous fortnight ended September 11, 2020, bank credit had increased by 5.26 per cent to Rs 102.24 lakh crore, and deposits surged by 11.98 …

Bank Credit Grows 5.52% in Fortnight Ended Aug 14: RBI Data
4 years, 4 months ago

Bank Credit Grows 5.52% in Fortnight Ended Aug 14: RBI Data

News 18  

Bank credit grew 5.52 per cent to Rs 102.19 lakh crore and deposits increased 11.04 per cent to Rs 140.80 lakh crore in the fortnight ended August 14, according to RBI data. In the previous fortnight ended July 31, 2020, bank credit grew 5.51 per cent while deposits witnessed a growth of 11.11 per cent. On a year-on-year basis, non-food …

External commercial borrowings of firms jump 50% in April-September
5 years, 2 months ago

External commercial borrowings of firms jump 50% in April-September

Live Mint  

External commercial borrowings of Indian companies jumped nearly 50% in the six months ended 30 September from a year ago, thanks to cheaper overseas funds, easier overseas borrowing norms and weakened local banks. “The constrained and relatively high-cost lending of domestic banks and financial institutions on account of stressed asset quality, heightened risk aversion and strained liquidity conditions has, in …

First time this fiscal, credit growth enters single-digit lane as slump spreads
5 years, 3 months ago

First time this fiscal, credit growth enters single-digit lane as slump spreads

India Today  

Reflecting the deepening economic crisis arising from both structural and cyclical issues and a massive fall in consumption demand, bank credit growth rate, for the first time this fiscal, slowed to single-digit at 8.8 per cent to Rs 97.71 lakh crore during the fortnight to September 27, according the Reserve Bank of India data. In the first fortnight of the …

Bank credit growth slows to 10.24%, deposits at 9.73%
5 years, 4 months ago

Bank credit growth slows to 10.24%, deposits at 9.73%

India TV News  

Bank credit and deposits growth slowed to 10.24 percent and 9.73 percent to Rs 96.80 lakh crore and Rs 127.80 lakh crore, respectively, in the fortnight to August 30, show the latest RBI data. In the previous fortnight to August 16, advances grew 11.64 percent to Rs 96.82 lakh crore and deposits by 10.15 percent to Rs 126.80 lakh crore. …

FPI flows to still remain under pressure: Ind-Ra
5 years, 4 months ago

FPI flows to still remain under pressure: Ind-Ra

The Quint  

Mumbai, Sep 4 Credit rating agency India Ratings and Research on Wednesday said that foreign portfolio investment flows into India are expected to remain under pressure over the near-to-medium term. The agency expects hindrance to FPI flows despite the accommodative global monetary policy stance and the Central government's efforts to alleviate uncertainty regarding the higher surcharge. "Notwithstanding a series of …

Federal Bank Q1 result: Net profit rises 46% to ₹384 crore
5 years, 5 months ago

Federal Bank Q1 result: Net profit rises 46% to ₹384 crore

Live Mint  

Mumbai: Private sector lender Federal Bank on Tuesday reported a net profit of ₹384 crore in the June quarter of FY20, 46% higher than the same period last year, owing to higher other income and net interest income. Federal Bank’s asset quality slightly improved as its gross bad loans as a percentage of gross advances stood at 2.99%, down one …

Economic Survey 2019 in six charts
5 years, 6 months ago

Economic Survey 2019 in six charts

The Hindu  

The Indian economy grew by 6.8% in 2018-19, slightly lower than 7.2% in the previous Financial Year, said the Economic Survey, which was tabled in Parliament on July 4, 2019. The Gross Non-Performing Advances ratio of SCBs decreased from 11.5% to 10.1% between March 2018 and December 2018.” However, NBFC have performed badly, says the Survey. The net NPA also …

Banks close FY19 with 13.24% credit growth, deposits up 10.03%
5 years, 9 months ago

Banks close FY19 with 13.24% credit growth, deposits up 10.03%

Live Mint  

Banks closed fiscal 2019 with robust disbursals that rose in double-digits for the second year in row, after the sub-5 % in FY17, which was the lowest in five decades. According to the Reserve Bank data released Thursday, bank credit rose 13.24 % to ₹97.67 lakh crore for the fortnight to March 29, while deposits grew by 10.03 % to …

Opinion | Going beyond the credit requirements of MSMEs
6 years, 2 months ago

Opinion | Going beyond the credit requirements of MSMEs

Live Mint  

The announcement of support to micro, small and medium enterprises by Prime Minister Narendra Modi last week had both economic and political rationales behind it. While an increase in the flow of credit will benefit the sector, banks and financial institutions would do well to not dilute their credit appraisal criteria. Coming back to credit, as mentioned above, it is …

Are foreign direct investments at an ebb?
6 years, 5 months ago

Are foreign direct investments at an ebb?

The Hindu  

Have foreign direct investors warmed up to India under the NDA regime, or are they cold-shouldering it? But a study of patterns in FDI flows into India over the last fifteen years suggests that they really have little to do with the political dispensation at the Centre. But as reality sank in in 2009, India’s growth collapsed and FDI flows …

FDI growth rate records five-year low at $44.85 bn in 2017-18; foreign inflows grow by only 3%
6 years, 6 months ago

FDI growth rate records five-year low at $44.85 bn in 2017-18; foreign inflows grow by only 3%

Firstpost  

It is critical to revive domestic investments and further ease of doing business in the country to attract foreign investors. New Delhi: Foreign direct investment in India seems to be petering out with the inflows growth rate recording a five-year low of 3 percent at $44.85 billion in 2017-18. According to experts, it is critical to revive domestic investments and …

FDI growth hits 5 year low in 2017-18
6 years, 6 months ago

FDI growth hits 5 year low in 2017-18

Live Mint  

New Delhi: Foreign direct investment in India seems to be petering out with the inflows growth rate recording a five-year low of 3% at $44.85 billion in 2017-18. Anil Talreja, Partner, Deloitte India, said the low growth of FDI in the consumer and retail sectors can be mainly attributed to uncertainty and complexity of the FDI policy. In the past …

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