Articles for Credit Growth

HDFC Bank vs ICICI Bank: Which private sector lender to choose in long term?
1 week, 3 days ago

HDFC Bank vs ICICI Bank: Which private sector lender to choose in long term?

Live Mint  

HDFC Bank vs ICICI Bank: The private banking sector in India is dominated by two stalwarts, HDFC Bank and ICICI Bank, offering investors a blend of stability and growth potential. HDFC Bank vs ICICI Bank: A Comparative Look at Q2FY25 Earnings HDFC Bank reported a 5.3 percent year-on-year increase in standalone net profit to ₹16,821 crore in Q2FY25, compared to …

India Growth Credit Term Crore Long Sector
Asset reconstruction companies see spike in unsecured loan sales by lenders
2 weeks, 4 days ago

Asset reconstruction companies see spike in unsecured loan sales by lenders

Live Mint  

Mumbai: Asset reconstruction companies are seeing a spike in the sale of bad debt in the unsecured retail loan portfolios of banks and non-banks, as stress rises in the microfinance and personal loan segments. Banks and non-bank lenders have been putting up more unsecured retail loans for sale to asset reconstruction companies over the past six months. Another challenge is …

Reconstruction Companies Loans Loan Rbi Banks Asset
Banking revival in 2025: Why strong liability franchises stand to gain
2 weeks, 5 days ago

Banking revival in 2025: Why strong liability franchises stand to gain

Live Mint  

Indian bank stocks are waiting for their moment in the sun. Read this | Private lenders see stress in credit cards, personal loans in Q2 Elevated deposit costs and sluggish base growth weighed heavily on net interest margins for both public and private banks. Public vs private banks Credit costs for private banks increased by 10 basis points sequentially, with …

Growth Retail Credit Index Nifty Fii Rbi
Banks see deposits rise for the third consecutive fortnight since mid-October
3 weeks, 3 days ago

Banks see deposits rise for the third consecutive fortnight since mid-October

New Indian Express  

MUMBAI: Indian banks' intense efforts to mop up deposits have finally begun to pay off, with liabilities growing faster than assets for the third consecutive fortnight. It marks the first time in 30 months that this has happened, following a period of aggressive deposit collection by lenders since the credit-deposit growth mismatch began in the fortnight ending March 25, 2022. …

Growth Credit Loan Rbi Banks Deposit Deposits
BFSI Stock Picks: ICICI Bank, SBI among Mirae Asset’s top 10 picks for investors after mixed Q2; Should you buy or hold?
3 weeks, 5 days ago

BFSI Stock Picks: ICICI Bank, SBI among Mirae Asset’s top 10 picks for investors after mixed Q2; Should you buy or hold?

Live Mint  

Indian banks and non-banking financial companies reported a mixed performance for the July-September quarter of current fiscal on margin compression, an increased credit cost and a slowdown in credit growth. BFSI Q2FY25 Review The bank’s credit growth figure eased to 14.8 per cent year-on-year in Q2FY25, compared to 15.4 per cent YoY in Q1FY25 and 14.9 per cent YoY in …

Finance India Growth Credit Bank Stock Investors
PSU banks are giving the best FD rates in eight years. Here's why
1 month, 2 weeks ago

PSU banks are giving the best FD rates in eight years. Here's why

Live Mint  

Mumbai: Under pressure from slow pace of deposit growth compared to loan offtake, India’s state-owned banks have pressed the pedal on attracting depositors even at the cost of a potential hit on their margins and profits. This September, the weighted average domestic term deposit rate for public sector banks touched 7%, a first since March 2017. According to Aniket Dani, …

Growth Public Sector Banks Term Rates Private Deposit Deposits
NBFCs brace for slower growth as asset stress, fund costs pinch
1 month, 2 weeks ago

NBFCs brace for slower growth as asset stress, fund costs pinch

Live Mint  

Mumbai: The September quarter results for non-banking financial companies were mixed, as most lenders felt the ripple effects of the Reserve Bank of India’s recent regulatory actions and slowdown in credit flow from banks. Higher funding costs and emerging asset quality concerns—especially in retail, unsecured, and microfinance portfolios—hit profitability in the second quarter, and may lead to a cut in …

Finance Retail Credit Quarter Asset Segment Nbfcs
NBFCs Face Funding Strains, Slower Growth Ahead
4 months ago

NBFCs Face Funding Strains, Slower Growth Ahead

Deccan Chronicle  

Mumbai: Non-banking financial companies are likely to face funding challenges that could result in slower growth compared to the robust expansion seen in the last two fiscals according to rating agency ICRA Ltd. “The banking sector, a key lender to the NBFC segment, is expected to register an overall credit expansion of around 12 per cent in FY2025, resulting in …

Growth Credit Crore Lakh Fy2025 Nbfcs Fy2024
Central Bank's new framework can shave 10-30 percentage points off bank LCRs
4 months, 3 weeks ago

Central Bank's new framework can shave 10-30 percentage points off bank LCRs

New Indian Express  

MUMBAI: The proposed higher mark-ups that the Reserve Bank is seeking from banks in the draft liquidity coverage ratio framework will impact the LCRs by 10-30 percentage points, thus reducing the cushion now available with banks over the regulatory requirement of 100 percent such ratio. In an analysis of 31 banks, Crisil ratings shows aid the near-term impact on credit …

Impact Bank Banks Many Banks Deposits Proposed Lcrs
Borrowers, especially the young, struggle with credit card debt in potentially bad sign for economy
7 months ago

Borrowers, especially the young, struggle with credit card debt in potentially bad sign for economy

Associated Press  

NEW YORK — Consumers are increasingly struggling to pay their credit card bills, raising concerns about severe delinquencies spiraling and sapping consumer spending. The share of credit card debt that’s more than 90 days overdue rose to 10.7% during the first quarter, a 12-year high, according to the Federal Reserve Bank of New York’s report on first-quarter household debt. “The …

Consumer Credit Debt Spending Consumer Spending Card Consumers
HDFC Bank vs ICICI Bank vs Axis Bank: Which stock to buy after Q4 results?
7 months, 3 weeks ago

HDFC Bank vs ICICI Bank vs Axis Bank: Which stock to buy after Q4 results?

Live Mint  

Top Indian private banks, HDFC Bank, ICICI Bank and Axis Bank, have reported their Q4 results with the lenders showing a decent growth in its net profit and net interest income along with contracting net interest margin. All these three top private lenders HDFC Bank, ICICI Bank, and Axis Bank reported a faster deposit growth in Q4FY24 as compared with …

India Growth Results Crore Qoq Banks Mishra
RBI action on Kotak Mahindra Bank may restrain credit growth, profitability: S&P
7 months, 4 weeks ago

RBI action on Kotak Mahindra Bank may restrain credit growth, profitability: S&P

New Indian Express  

NEW DELHI: S&P Global Ratings on Friday said the RBI's regulatory action on Kotak Mahindra Bank could restrain the lender's credit growth and profitability. The RBI on Wednesday barred Kotak Mahindra Bank from issuing fresh credit cards and onboarding new customers online. "We anticipate Kotak Mahindra Bank could potentially take a year to fully address the RBI's key concerns for …

India Growth Credit Credit Cards Rbi Kotak Kotak Mahindra Bank
Ratings agency Fitch lowers China’s sovereign credit outlook to negative
8 months, 2 weeks ago

Ratings agency Fitch lowers China’s sovereign credit outlook to negative

Al Jazeera  

Beijing says it is ‘disappointed’ with decision by US-based ratings agency. The downgrade reflects “increasing risks to China’s public finance outlook” as the country attempts to move away from real estate-led growth, the New York-based ratings agency said on Wednesday. “However, judging from the results, the indicator system of Fitch’s sovereign credit rating methodology fails to effectively reflect, in a …

Growth China Ratings Fiscal Rating Fitch Ratings Agency
Credit growth trajectory likely to slow down to 12-14% YoY over FY25-27, says Emkay Global
9 months 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 …

India Retail Credit Bank Banks Yoy Deposit
Moody’s cuts China’s credit outlook to negative
1 year ago

Moody’s cuts China’s credit outlook to negative

Live Mint  

Moody's on Tuesday cut its outlook on China's government credit ratings to negative from stable, on the back of lower medium-term economic growth and rising debt in the world's second-largest economy. The change to a negative outlook reflected rising evidence that authorities will have to provide financial support for debt-laden local governments and state firms, posing broad risks to China's …

Growth China Economic Debt Risks
Sensex ends 240 pts higher, Nifty closes below 18,600; M&M, Axis Bank shine
1 year, 6 months ago

Sensex ends 240 pts higher, Nifty closes below 18,600; M&M, Axis Bank shine

Live Mint  

Indices ended in the green on Monday as they jump around 0.5% on the back of a strong Auto sector and amidst positive global cues. HUL and Nestle India keep FMCG index in the red as the stocks shed more than a per cent each View Full Image FMCG Mark to Market: Indian hotel firms set for strong FY24 boosted …

India Growth China Market Maharashtra Gujarat Indian
Bank of Baroda ends FY23 on a strong note
1 year, 7 months ago

Bank of Baroda ends FY23 on a strong note

Live Mint  

Public sector lender Bank of Baroda’s March quarter earnings performance was an all-round show. Healthy NII aided the bank’s profitability, translating into robust net interest margin growth. Plus, the pressure to raise deposit rates has eased with the Reserve Bank of India’s latest decision to pause interest rate hikes, the management added. Going ahead, the management expects to grow slightly …

Growth Credit Bank Bob Credit Growth Deposit Rates Nim
Why FY24 could be a good year for bank stocks - explained
1 year, 8 months ago

Why FY24 could be a good year for bank stocks - explained

Live Mint  

The new financial year started on April 1, 2023, the focus is now on interest rates and banking space. The external financing is going to stay high to maintain the entire credit growth whatever we are expecting of 15% for FY24. few public banks and few private banks, the entire credit system and the entire banking system, the asset quality …

Growth Quality Banking Credit Bank Public Going
India's economy faces consumption hurdle as RBI focuses on tackling inflation
1 year, 9 months ago

India's economy faces consumption hurdle as RBI focuses on tackling inflation

India Today  

A slowdown in consumption has put India’s world-beating economic growth at risk. In fact, eight high-frequency indicators tracked by Bloomberg highlighted moderating credit growth, weaker tax revenues and a rising unemployment rate. Impact of demand slowdown on growth India’s GDP growth has been weakening over the past few quarters, and it slowed to 4.4 per cent in the December quarter. …

India Growth Economic Consumption Demand Rate Rbi
Keep an eye on these economic indicators in 2023
1 year, 11 months ago

Keep an eye on these economic indicators in 2023

Live Mint  

Global headwinds, tightening monetary policy and the lingering effects of the pandemic have combined to create a gloomy global outlook. In its December bulletin, the Reserve Bank of India said that with balance of risks being tilted towards a darkening global outlook and emerging markets appearing more vulnerable, the Indian economy needs support from domestic growth drivers. Sectoral deployment of …

Global India Growth Inflation Credit Credit Growth
Credit challenges: On credit flow and all-round capital spending
1 year, 11 months ago

Credit challenges: On credit flow and all-round capital spending

The Hindu  

The Reserve Bank of India’s ‘Report on Trend and Progress of Banking in India’, paints a picture of credit growth having rebounded smartly, with the consolidated balance sheets of Indian commercial banks showing double-digit expansion after a seven-year gap. With retail inflation and concerns about price stability eroding savers’ real returns as well as confidence to save, banks have found …

Growth Credit Banks Credit Growth
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 …

Growth Credit Remain Fy2024 Icra Credit Growth Fy2023
Economy On Track To Achieve 6.8-7 Per Cent Growth In FY23: CEA V Anantha Nageswaran
2 years ago

Economy On Track To Achieve 6.8-7 Per Cent Growth In FY23: CEA V Anantha Nageswaran

ABP News  

The Indian economy is on track to achieve 6.8-7 per cent GDP growth in this financial year, said Chief Economic Advisor V Anantha Nageswaran, on Wednesday. Nageswaran's comments came after the latest data showed India's GDP growth more than halved to 6.3 per cent in July-September. In 2022-23, the economy is on track to achieve 6.8-7 per cent growth,” Nageswaran …

India Economy Growth Indian Cent Cea Nageswaran
RBI says bank credit growth accelerates to 17.2 % in September quarter: Report
2 years ago

RBI says bank credit growth accelerates to 17.2 % in September quarter: Report

Hindustan Times  

Bank credit growth improved to 17.2 per cent in the September quarter 2022 from 7 per cent in the year-ago period, reflecting pick-up in economic activities. Bank credit growth improved further to 17.2 per cent in September 2022 from 14.2 per cent a quarter ago and 7 per cent a year ago, it said. Aggregate deposits growth, which remained in …

Growth Credit Bank Cent Quarter Rbi 2022