Saturday, May 31, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Bank credit growth accelerates to 14.2 pc in June quarter: RBI data

by zee business
August 25, 2022
in Business
Reading Time: 4 mins read
A A
0
Home Business
Share on FacebookShare on Twitter


Financial institution credit score progress accelerated to 14.2 per cent within the quarter ended June 2022 from 6 per cent in the identical interval of the earlier yr, RBI information confirmed on Thursday.

Within the quarter ended March 2022, financial institution credit score had expanded by 10.8 per cent.

The Reserve Financial institution of India (RBI) on Thursday launched the ‘Quarterly Statistics on Deposits and Credit score of SCBs for June 2022’. This information is collected from all scheduled industrial banks (SCBs), which embody regional rural banks (RRBs), small finance banks (SFBs) and funds banks (PBs).

“Credit score progress has been broad-based: all of the inhabitants teams (i.E., rural, semi-urban, city and metropolitan), all of the financial institution teams (i.E., public/personal sector banks, international banks, RRBs and SFBs) and all of the areas of the nation (i.E., central, japanese, north-eastern, northern, southern and western) recorded double-digit annual credit score progress in June 2022,” as per the information.

Combination deposit progress (year-on-year) has remained within the vary 9.5 – 10.2 per cent over the past 5 quarters.

Metropolitan branches proceed to account for over half of the financial institution deposits and their share elevated marginally over the past one yr. 

The share of present account and financial savings account (CASA) deposits in whole deposits has been growing over the past three years (42 % in June 2020, 43.8 per cent in June 2021 and 44.5 per cent in June 2022).

As credit score progress is outpacing deposit progress within the latest interval, the credit-deposit (C-D) ratio has been on the rise, the information confirmed.

In June 2022, C-D ratio stood at 73.5 per cent at all-India stage (70.5 per cent a yr in the past) and 86.2 per cent for metropolitan branches of banks (84.3 per cent a yr in the past).





Source link

Tags: acceleratesBankCreditDataGrowthJunequarterRBI
Previous Post

The Unbridled Media Attacks Ramp Up Against Ron DeSantis

Next Post

LIVE with Ben Carlson on YouTube today at 11am

Related Posts

Uranium Energy Corp: A Strategic Bet On Nuclear’s Resurgence? (NYSE:UEC)

Uranium Energy Corp: A Strategic Bet On Nuclear’s Resurgence? (NYSE:UEC)

by ZMK Capital
May 31, 2025
0

This text was written byComply withZMK Capital is a Southeast Asian primarily based prop buying and selling desk specializing in...

Vodafone Idea Approves Raising Up To Rs 20,000 Crore Via Equity Or Debt

Vodafone Idea Approves Raising Up To Rs 20,000 Crore Via Equity Or Debt

by Shubhayan Bhattacharya
May 30, 2025
0

Vodafone Thought Ltd.'s board on Friday permitted fundraising of as much as Rs 20,000 crore by way of fairness or...

Banks step up cybersecurity vigil as cyber frauds see a spurt

Banks step up cybersecurity vigil as cyber frauds see a spurt

by Euro Times
May 30, 2025
0

A flexi at SBI’s Residence Mortgage Centre at Himayatnagar in Hyderabad Okay Diwakar, the daddy of a scholar who’s acquired...

Centre approves additional instalment of Rs 81,735 crore as tax devolution for states

Centre approves additional instalment of Rs 81,735 crore as tax devolution for states

by zee business
May 31, 2025
0

The Union Authorities has authorized an extra instalment of Rs 81,735 crore as Tax Devolution to the State Governments, which...

Coffee Day Enterprises Q4 Results: Company narrows loss to Rs 114 crore, revenue up 7%

Coffee Day Enterprises Q4 Results: Company narrows loss to Rs 114 crore, revenue up 7%

by Euro Times
May 30, 2025
0

New Delhi, Espresso Day Enterprises Ltd has reported a narrowing of its consolidated web loss to Rs 114.16 crore within...

Medtronic plc (MDT) Bernstein’s 41st Strategic Decisions Conference – (Transcript)

Medtronic plc (MDT) Bernstein’s 41st Strategic Decisions Conference – (Transcript)

by SA Transcripts
May 30, 2025
0

Medtronic plc (NYSE:MDT) Bernstein's forty first Strategic Choices Convention Name Could 29, 2025 11:00 AM ET Firm Individuals Geoff Martha...

Next Post
LIVE with Ben Carlson on YouTube today at 11am

LIVE with Ben Carlson on YouTube today at 11am

Ford Trucks in .7 Billion Verdict Weren’t Subject to Tougher Safety Rules

Ford Trucks in $1.7 Billion Verdict Weren’t Subject to Tougher Safety Rules

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

The country that made smoking sexy is breaking up with cigarettes

The country that made smoking sexy is breaking up with cigarettes

May 31, 2025
John Hancock Income Fund Q1 2025 Commentary (JHFIX)

John Hancock Income Fund Q1 2025 Commentary (JHFIX)

May 31, 2025
Nothing is killing the Glyph interface: Something new incoming?

Nothing is killing the Glyph interface: Something new incoming?

May 31, 2025
Parents should talk to a doctor about COVID shots for kids, CDC says : Shots

Parents should talk to a doctor about COVID shots for kids, CDC says : Shots

May 31, 2025
Shapoorji Group secures .4 billion in record Deutsche-led credit deal

Shapoorji Group secures $3.4 billion in record Deutsche-led credit deal

May 31, 2025
ICE Gets Trolled For Asking If People Have Been Harmed By Aliens

ICE Gets Trolled For Asking If People Have Been Harmed By Aliens

May 31, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

The country that made smoking sexy is breaking up with cigarettes

John Hancock Income Fund Q1 2025 Commentary (JHFIX)

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In