Credit Growth
Latest news, explainers and analysis on Credit Growth. Tracking 5 stories on Arth Vani.
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Latest on Credit Growth
BreakingNBFC Retail Loan Growth Hits 22% in August, Signalling Strong Credit Demand
Non-Banking Financial Companies (NBFCs) experienced a significant acceleration in retail loan growth, reaching 22% in August. This robust expansion highlights increasing demand for personal credit across India, reflecting an active financial landscape for individual borrowers.
BreakingIndian Banks Report Robust 18.8% Credit Growth in August
Scheduled commercial banks in India recorded a strong 18.8% growth in credit in August, indicating increased lending activity in the financial system. This robust expansion suggests a healthy demand for loans across the economy.
AvenuesAI Eyes NBFC Stakes for 'Liability-Light' Credit Growth
AvenuesAI is adopting a 'liability-light' strategy to expand its credit business by acquiring minority stakes in Non-Banking Financial Companies (NBFCs). This approach aims to leverage existing NBFC infrastructure and customer bases without the burden of significant debt.
Public Sector Banks Borrow More as Deposits Lag Behind Loan Demand
Public sector banks (PSBs) are increasingly relying on borrowing to meet the rising demand for loans because their customer deposits are not growing at the same pace. This trend highlights a potential challenge for state-owned lenders in sustaining their funding, although current high liquidity in the financial system is helping to manage the immediate impact. Meanwhile, private sector banks are showing stronger deposit growth, allowing them to expand their lending more easily.
BreakingIndia's Credit Growth Surges: 74% Indians to Seek Loans by 2026, Led by Women & Non-Metro Areas
India is experiencing a remarkable expansion in its credit market, with the percentage of eligible citizens opting for loans projected to reach 74% by 2026, a significant leap from 34% in 2017. This robust growth is primarily driven by increasing financial participation from women, younger borrowers, and consumers residing in non-metro regions across the country, indicating a profound shift in financial inclusion.
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