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Bank credit growth News

Reserve Bank of India

28 Nov 2022

Bank credit grows at 17.2% in September quarter: RBI data

Bank credit growth improved to 17.2 per cent in the September quarter 2022 from 7 per cent in the year-ago period. It reflects pick-up in economic activities. Credit growth remained broad-based: all population groups and bank groups recorded double digit annual growth, said RBI.

26 Apr 2021

Bank credit grows 5.33%; deposits rise 10.94%

The agency said bank credit growth is likely to increase in FY22, given the growth in the economy and the base effect coming into play. The downside risks include lockdowns in key states, which may impact the industrial as well as the service segments.

Bank credit growth

27 Feb 2018

Finally, bank credit growth moves into double-digits in Q2: RBI data

In the September quarter, bank credit had grown at 6.5% while in the June quarter, it was up by 8%.

Bank credit growth

15 Nov 2015

Bank credit growth still lingers in H1 as debt market soars

Bank credit growth continued to disappoint during first half of the current fiscal with an annual growth of just 8.4 per cent at Rs 62.02 trillion (Rs 62.02 lakh crore), down 20 bps, as per Care Ratings.

Bank credit growth

10 Jun 2015

Bank credit growth slows to 9.8%

Growth rate of credit by scheduled commercial banks slowed to 9.8 percent at Rs 66,33,417 crore for the fortnight ended May 29, as per Reserve Bank data.

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