March 10, 2010RBI provides the latest credit release. Scheduled bank credit is now at Rs. 30.89 lakh cr. (trillion) which is a gain of 38,000 cr. over two weeks back. This is a credit rise of 15.79% from the same time last year, taking the average growth in Feb 2010…
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March 8, 2010Bank Credit Growth has moved up steeply from the lows of sub-10% about six months ago, to over 15% as announced two weeks back. (Click for a larger image) Credit growth is still low comparing the last four or so years, but it’s looking li…
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January 28, 2010RBI announced the Credit Figure for 16 Jan, which was at 30.08 trillion rupees (lakh cr.) which is a growth of 13.75% from last year. Monthly averages here: Given that we’re starting to scale up organized credit, some monetary tightening is expec…
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January 21, 2010Credit Growth as of Jan 1, 2009 was at 13.61% year on year, with total outstanding credit crossing 30 trillion rupees for the first time ever. (Click for a larger image) It’s the lowest growth in five years though it’s starting to perk up. Ban…
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December 17, 2009RBI’s latest credit figures show another uptick in credit growth, taking growth to 10.5% year-on-year. Here are the monthly credit growth statistics (average for the month).
(Click for a larger image)
Early days but December seems to be the first …
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November 7, 2009RBI’s friday press release on the Scheduled Bank Business in India as of Oct 23 shows a slight problem with Credit Growth, which is now at 9.69%, the lowest in (at least) three years.
Here’s a chart of credit growth in the last three years:
(Click …
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August 9, 2009
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