Scheduled Commercial Bank Credit is now at 56,650 crores, which is growing at a rate of 14.3% over the previous year. This is now closing in on the 1 ...
Why are people cursing Rajan for raising rates? Credit growth is back to 18%+ as of September 6, and credit growth of that rate means one of two things: Banks ...
RBI has announced draft guidelines for higher provisioning requirements while lending to corporates with “unhedged foreign currency exposure”. A quick ...
Since RBI introduced the base rate in 2010, Banks are not allowed to lend below that rate. Take a look at how banks have moved their rates in response to ...
Two things are expected of the RBI today, in their monetary policy statement. One, that it will not raise interest rates – a stance taken already in end ...
In my first post, I’d asked what you would do if you lost your job. Not too many responses came about, and I think that’s because people don’t think such ...
Inflation at the Primary Articles Level has gone down to a low 13.38% now, the benefit of a near vertical rise last year. While this is lower than the massive ...
RBI releases India’s credit growth stats show Bank Credit at 19.6%, with credit coming down from 33.63 trillion (1 Trillion = 1 Lakh Cr.) to 33.57 lakh cr ...
Today’s Bank Credit data showed a move up to 21.57% from last year, with an increase of 92,000 cr. over two weeks ago. Credit offtake is increasing ...
As on 18th June, Bank credit growth is 19.5% and the highest since Jan 2009. There will be a new data point tomorrow. Strong bank credit growth is good for ...