INSUBCONTINENT EXCLUSIVE:
Banking credit rose 9.5% in the quarter ending June while deposits rose 10.1% in the same period on a year on year basis, data released by
the Reserve Bank of India (RBI) showed
Credit growth is generally weak in the first half of the fiscal as the summer sowing and monsoon season impact investments and consumptions
2025.Banking sector credit growth slowed to 12% in fiscal ended March 2025, from 16% the previous year indicating weak demand for loans
government securities rose 8.7% in the first three months of the fiscal, around the same level it grew at a year ago.
Live EventsSeparately,
in a note earlier on Friday, ICICI Bank said easier liquidity in the banking system may result in higher consumption and retail inflation
with a lag of about three quarters
Credit transmission in marginal cost of funds based lending rate linked loans is seen with a lag of three quarters by when the magnitude of
