IDBI Capital: Credit Guarantee Scheme, Gold Loan, Housing Loan Support Banks Sectoral Credit Growth
A customer holds Indian rupee notes at a store in Mumbai, India. (Photographer Dhiraj Singh/Bloomberg)

IDBI Capital: Credit Guarantee Scheme, Gold Loan, Housing Loan Support Banks Sectoral Credit Growth

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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 to 5.6% YoY for October month as compared to 5.8% YoY for September month, dragged by industry portfolio specifically large industry.

In October, credit growth was led by the agriculture and services portfolio.

Agriculture credit growth improved to 7.4% YoY as compared to 5.9% YoY (Sept month) led by better monsoon across the country, higher minimum support price, and strong kharif and rabi season.

From June onwards Industry portfolio growth showing a downward trajectory; for October month reported negative growth at down 1.7% YoY (Sept flat YoY) led by the large industry as the focus remains to conserve cash with no capex plans.

Click on the attachment to read the full report:

IDBI Capital RBI Sectorial Credit Sector Report.pdf

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