Banks Sectorial Credit Check - Surge In Retails Loans; Agriculture Credit Decline: IDBI Capital
A customer counts Indian rupee banknotes in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Banks Sectorial Credit Check - Surge In Retails Loans; Agriculture Credit Decline: 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 in April month saw a slight surge to 5.7% YoY from 5.5% YoY growth in March month (6.7% in April 2020), led by personal loans and stable industry credit growth.

Post 10 months YoY surge, agriculture credit growth seen decline to 11.3% YoY versus 12.3% YoY in March 2021.

Industry portfolio turned positive in March month and remains stable in April 2021 at 0.4% YoY.

This was led by medium industry which registered 43.8% YoY growth versus 28.8% YoY growth in March 2021 and continues to show improvement as risk-averse banks lend under credit guarantee scheme to micro small and medium enterprise borrowers.

Click on the attachment to read the full report:

IDBI Capital RBI Sectorial Credit Sector Report.pdf

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