The Reserve Bank of India (RBI), in a separate release, said bank credit growth (y-o-y) decelerated for the fourth successive quarter in December 2019 as industrial credit growth (-0.8 per cent) moved to the negative terrain for the first time after September 2017. During the quarter, personal loans segment continued to grow at a robustContinue reading

With very limited fiscal space govt may have just Rs 20,000 crore for stimulus: Report Read more at https://www.moneycontrol.com/news/india/with-very-limited-fiscal-space-govt-may-have-just-rs-20000-crore-for-stimulus-report-5271641.html

Coronavirus impact | 72% of outstanding bank credit in red zones: CARE Ratings Red zones in India have the highest proportion of outstanding bank credit and deposits, CARE Ratings said in a recent report. As of the end of December 2019, red zones account for 72 percent of outstanding bank credit, with orange and green zones accountingContinue reading