Gap between bank credit and deposit growth seen falling
Business Standard|December 09, 2022
Bank credit growth may be continuing to outpace growth in deposits by a long margin-a point that the Reserve Bank of India (RBI) has taken note of- but analysts believe the gap will start to narrow going into the next year.
SUBRATA PANDA BHASKAR DUTTA
Gap between bank credit and deposit growth seen falling

Going forward, analysts expect a combination of factors, including the RBI's rate hikes, slowing GDP growth, and the normalisation of the base effect to blunt the sharp growth in credit.

As on November 18, according to the latest RBI data, bank credit growth was at 17.2 per cent year-on-year (YoY) while deposit growth was at 9.6 per cent. According to a Macquarie report, the widening gap between loan and deposit growth was at 875 basis points for the fortnight ending November 4, the highest since November 2010.

Diese Geschichte stammt aus der December 09, 2022-Ausgabe von Business Standard.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der December 09, 2022-Ausgabe von Business Standard.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS BUSINESS STANDARDAlle anzeigen
Business Standard

Stagger FD investments to catch peak rates

While some portion of your money should go into longer-tenure FDs offering higher rates, diversifying across maturities is essential as well

time-read
2 Minuten  |
May 23, 2024
BHEL slips 8% after below-par Q4 results
Business Standard

BHEL slips 8% after below-par Q4 results

Earnings missed Street expectations

time-read
2 Minuten  |
May 23, 2024
Sebi cracks the whip in Superior Finlease case
Business Standard

Sebi cracks the whip in Superior Finlease case

The Securities and Exchange Board of India (Sebi) has barred 17 entities and individuals from the securities market for five years and two others for three years each for allegedly operating a pump and dump scheme in Superior Finlease through misleading recommendations through Telegram Channels.

time-read
1 min  |
May 23, 2024
Business Standard

Higher output, reasonable valuations positive for ONGC

Upstream majors ONGC and Oil India (OIL) results for the January-March quarter (Q4) of FY24 suggest better production in future.

time-read
3 Minuten  |
May 23, 2024
Rebalancing: Adani Enterprises likely to dislodge Wipro from Sensex
Business Standard

Rebalancing: Adani Enterprises likely to dislodge Wipro from Sensex

Adani Enterprises is expected to replace Wipro in the benchmark Sensex.

time-read
1 min  |
May 23, 2024
India's mcap to GDP ratio at 15-yr high of 140%
Business Standard

India's mcap to GDP ratio at 15-yr high of 140%

Current ratio a few notches below all-time high of 149.4%

time-read
2 Minuten  |
May 23, 2024
Stock traders seek cues from poll shadow bets
Business Standard

Stock traders seek cues from poll shadow bets

Traders in the stock markets are turning to illegal election betting platforms for clues to combat the uncertainty facing citizens and markets alike regarding the outcome of a long general elections.

time-read
1 min  |
May 23, 2024
Healthcare sector most violative of norms: Asci
Business Standard

Healthcare sector most violative of norms: Asci

Most cases of advertisement violation of norms were reported from the health care sector during 2023-24, followed by illegal offshore betting and personal care categories, according to the Advertising Standards Council of India's (Asci's) Annual Complaints Report released on Wednesday.

time-read
2 Minuten  |
May 23, 2024
Business Standard

Tackling congestion for growing population

Many a time we wonder: \"Are our cities truly prepared?\" This question weighs heavily Lon us as our population grows and our resources dwindle, leaving our cities ill-prepared for what lies ahead.

time-read
3 Minuten  |
May 23, 2024
The East wind blows harder
Business Standard

The East wind blows harder

The global power balance is shifting as China and Russia assert dominance in technology and diplomacy

time-read
4 Minuten  |
May 23, 2024