Hike in the credit growth of the banking sector
By Neelima Shankar
Feb 20, 2014
Print    Email    RSS   

According to the reports so far the banks have shown good increase in credit growth this fiscal year. It has been reported that till the fourth quarter of this year up to 7th February banks have collectively lent Rs. 19,126 crore, which is much more in comparison to the last year.

Recently the credit growth of banks has increased tremendously from from Rs 78,060 crore to Rs 97,186 crore. According to the bankers the credit growth is achieved due to short term loans, working capitals and retail segments. On the other hand a drop down in deposits has been noticed from Rs 103,455 crore to Rs 99,931 crore.

(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

Regular fixed deposits in India: Great way...
ICICI Bank’s recurring deposit scheme
Know all about non-bank fixed deposits
Do you know what led banks to calibrate...
Haven’t filed a return of your income?...

My FD type SBI is STD-GEN-PUB-SRC-8Y10Y-INR.There...
NANGAL: CaℒL Giℛℒ In Una 09855660911 Escoℛt...
Chandigarh@CaℒL Giℛℒ In Rajpura +O9855660911...
If I invest 100000 rupees deposit for 2 year , how...

Federal Bank launched V connect for its customers Feb 12, 2015
Andhra Bank on expansion mode Feb 11, 2015
Dena Bank earned a profit of 13%. Feb 9, 2015
Banks expected to cut down the rates Feb 5, 2015
RBI kept the rates unchanged Feb 4, 2015
News Archive