Banks Sectoral Credit Growth Still Hovering In Range Of 5.5%-6.0%: IDBI Capital
A cashier counts Indian one hundred-rupee banknotes at an Oriental Bank of Commerce branch in New Delhi, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

Banks Sectoral Credit Growth Still Hovering In 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 slide down in December month to 5.9% YoY from 6.0% YoY growth in November month, led by industry and personal credit growth.

Agriculture credit growth continues to remain strong at 9.4% YoY versus 8.5% YoY in November led by better monsoon across the country, higher MSP, and strong kharif and rabi season.

From June onwards Industry portfolio growth shows a downward trajectory; continues to decline in December month after some rebound seen in November month and reported 1.2% YoY versus -0.7% in Nov.

Click on the attachment to read the full report:

IDBI Capital RBI Sectorial Credit Update.pdf

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