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News
banks' credit growth
Banks' credit growth News
Banks
30 Nov 2017
Fitch may revise banks' rating if recapitalisation done early
In October, the government had announced a Rs 2.11 trillion capital infusion for public sector banks over the next two years.
Banks
12 Oct 2017
Banks need to set aside Rs 3.3 lakh crore as NPA provisioning in FY18
The report said with the economic value of assets underlying NPAs eroding with time, and resolutions are hard to come by, banks would need to step up on provisioning, mainly for large corporate NPAs.
credit growth
16 Apr 2017
Credit growth plunges to over 60 year low at 5% in FY17
For the year to March, banks' outstanding credit stood at Rs 78.81 trillion compared to Rs 75.01 trillion as of April 1 2016, show the central bank data.
banks' credit growth
15 Oct 2014
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.
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