Banking Sector - Credit Growth Supported By MSME, Housing, Vehicle Businesses: IDBI Capital
Security men stand guard inside a branch of the State Bank of India at Nariman Point, Mumbai. (Photographer: Sebastian Di Souza/Bloomberg News)

Banking Sector - Credit Growth Supported By MSME, Housing, Vehicle Businesses: IDBI Capital


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 May month seen slight uptick at 5.9% YoY from 5.7% YoY growth in April month (6.1% in May’20), led by services credit and industry credit growth.

Agriculture credit growth continues to decline to 10.3% YoY vs 11.3% YoY in April. Industry portfolio turned positive and continues to grow in May month and registered growth of 0.8%. This was led by medium industry which registered 45.8% YoY growth vs 43.8% YoY growth in April and continues to show improvement as risk-averse banks lend under credit guarantee scheme to MSME borrowers.

Click on the attachment to read the full report:

IDBI Capital Banks Credit Report July 2.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.