Bank credit growth

Financial institution of Maharashtra, UCO Financial institution report robust credit score progress in Q1

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Public sector banks appear to have began FY25 on a powerful notice, clocking sturdy credit score progress, going by provisional enterprise updates of Financial institution of Maharashtra (BoM) and UCO Financial institution for the primary quarter of FY25. Nevertheless, deposit progress of those banks continues to lag credit score progress. BoM has reported a 19.01 … Read more

‘Financial institution credit score progress past 18% might result in larger impairments’

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Financial institution credit score progress past 18 per cent might result in larger impairments, cautioned the Reserve Financial institution of India. “Regardless of the divergence in credit score and deposit progress, elevated C-D (credit-deposit) ratio and narrowing credit-GDP hole, credit score progress at 16.1 per cent as on Could 31, 2024 (web of merger of … Read more