Banks Sectoral Credit Growth Continues To Remain In The Range Of 5.5-6.0%: IDBI Capital
Indian two thousand rupee banknotes are arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Banks Sectoral Credit Growth Continues To Remain In The Range Of 5.5-6.0%: IDBI Capital

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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 slides down further in January month to 5.7% YoY from 5.9% YoY growth in December month (6.0% January), led by industry and personal credit growth.

Agriculture credit growth further improves to 9.9% YoY versus 9.4% YoY in Dec-20 led by better monsoon across the country, higher minimum support prices, and strong kharif and rabi season.

From June onwards Industry portfolio growth shows a downward trajectory; continues to report negative growth of 1.3% in Jan month versus down 1.2% in Dec-20.

Click on the attachment to read the full report:

IDBI Capital RBI Sectorial Credit.pdf

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