Credit offtake growth slips to 10.2%; deposits up by 11.62%
Growth in non-food credit offtake from commercial banks slowed to 10.19 percent at Rs 65,24,257 crore for the fortnight ended March 6, according to Reserve Bank of India (RBI) data released Wednesday.
Mar 18, 2015, 20:32 PM IST
Bank credit up 10.39% at Rs 64,53,394 crore
Bank credit growth continued to trail deposit mop-up and remained muted with a mere 10.39 percent rise at Rs 64,53,394 crore in the fortnight to February 20, up from Rs 58,45,833 crore a year ago, according to the latest data released by the Reserve Bank.
Mar 06, 2015, 15:46 PM IST
Bank credit continues to trail deposit growth
Indian commercial banks' credit grew 10.38 percent to Rs 64,41,519 crore in the fortnight to February 6, according to Reserve Bank data released Wednesday.
Feb 18, 2015, 22:38 PM IST
Indian banks' overseas branches have credit growth at 31.2%
Credit extended by Indian banks' branches operating abroad increased by 31.2 percent to Rs 7.68 lakh crore (USD 127.9 billion) in 2013-14.
Jan 16, 2015, 23:01 PM IST
Bank credit grows 11% to Rs 63,03,482 crore
Schedule commercial banks' credit grew 11 percent to Rs 63,03,482 crore in the fortnight ended December 12, according to the Reserve Bank data.
Dec 23, 2014, 21:34 PM IST
Bank credit off-take slows in October
Credit flow to the commercial sector has come down from 14.2 percent in April to 11.1 percent in October on account of weak demand for banking funds.
Dec 16, 2014, 15:42 PM IST
Credit growth up 11%, but still lags deposits at 13%
After remaining sub-10 percent for two consecutive fortnights, bank credit grew 11 percent to Rs 62,69,007 crore for the fortnight ended October 3, according to RBI data.
Oct 15, 2014, 19:10 PM IST
Bank deposits, credit rise nearly 14%
Bank deposits grew at 13.91 percent year-on-year to Rs 79,00,894 crore as of June 13, similar to credit growth, according to RBI data.
Jun 25, 2014, 20:50 PM IST