credit growth News

Empowering Women: A Threefold Surge in Female Borrowers Over Five Years

Between 2019 and 2024, women seeking credit grew three times, with 60% from semi-urban or rural areas. Women's share in business loans increased by 14%, and in gold loans by 6%. De...

Indian NBFIs Show Resilience: Large Institutions Set to Thrive Amid Economic and Regulatory Hurdles

Fitch Ratings highlights the resilience of India's large non-bank financial institutions (NBFIs) amidst economic and regulatory challenges, predicting steady performance for larger...

HSBC Predicts Robust 12.5% Credit Growth for Indian Banks by 2024-25

Indian banks are expected to see a 12.5% credit growth in FY25, despite challenges like tight liquidity and GDP slowdown. Retail loans show positive momentum, with significant grow...

Vietnam's Credit Growth Aims for a 16% Surge by 2025: A Strategic Economic Boost

Vietnam's State Bank projects a 16% credit growth by 2025, focusing on economic growth, inflation control, and efficient credit management. A new scoring system for credit quota al...

RBI Forecasts: Credit Growth Potential to Surpass Economic Expansion

The RBI reports that India's bank credit has the potential to grow faster than the economy, supported by a low credit-to-GDP ratio. With a 2022 ratio of 90.1%, below global average...

Exploring the Impact of RBI Policies on India's Economic Slowdown

The finance ministry suggests RBI's policies and structural factors may have led to India's economic slowdown, with growth at a seven-quarter low. A brighter outlook is expected in...

Interest Rates Surge as Deposit Growth Falters: Banks Compete for Deposits

Agribank hikes interest rates significantly, leading other banks to follow suit as deposit growth slows. The average deposit interest rate has risen by 0.5 percentage points, drive...