BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
IDBI Capital Report
Credit growth in June month remain stable at 5.9% YoY as compared to May month (6.0% in June 2020), led by agriculture and services credit.
Agriculture credit growth rise to 11.4% YoY versus 10.3% YoY in May 2021.
Industry portfolio saw negative growth in June month and registered growth of down 0.3% YoY versus 0.8% YoY in May 2021.
This was led by large industry as no rebound still seen; continues to report negative growth at down 3.4% YoY versus down 1.7% YoY in May-21.
Medium industry continues to rise at 54.6% YoY versus 45.8% YoY in May-21 and continues to show improvement as risk-averse banks lend under credit guarantee scheme to micro, small and medium enterprise borrowers.
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