Bank credit growth is seeing an uptick as customers veer towards home, gold loans
3 min read12 Mar 2021SBI, HDFC Bank, Axis Bank and ICICI have seen their retail loan book grow 2%-6% in July-SeptemberDespite the growth in retail loans, overall lending contracted by 0.2% as manufacturing slowed and bad debt kept corporate loans muted
2 min read7 Nov 2020Bankers say there are tell-tale signs that non-performing retail loans will jump after 31 AugustRBI data shows the number of retail and small businesses that had availed of the moratorium was much higher than such requests from corporate borrowers as on 30 April
1 min read29 Aug 2020PNB expects good credit growth from MSMEs and retail loans, says CEOPNB, India’s second largest PSB, had a domestic loan book of ₹7.21 trillion in the quarter ended June
2 min read25 Aug 2020Ultra low bad loan ratios and a fast galloping consumption wheel had given banks enough confidence to binge on retail loans for a decade now
2 min read23 Aug 2020Banks will face their toughest year in terms of loan growth as retail loans go for a tossA swift increase in retail loan growth would be hard to come by, at least in FY21
2 min read1 Jun 2020Retail loan growth is likely to be subdued because of the recent spate of job losses and a sense of uncertaintySome banks are already seeing higher growth in their corporate book, as compared to their retail loan book
1 min read1 May 2020Loans were given by housing financier against fixed deposits and are not very largeAs depositors can’t withdraw money but have to keep repaying loans, they have sought this
2 min read16 Mar 2020Taking a consumer loan to splurge on a vacation or celebratory dinner does very little to support long-term growth. It creates economic activity only in the near term
4 min read27 Feb 2020India’s biggest retail lender, HDFC Bank Ltd saw its retail loan book grow by 15% in the September quarter, lower than previous quartersNon-bank retail lender Bajaj Finance Ltd also witnessed a slowdown
2 min read29 Nov 2019The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared