Tag: bank credit
Posted in Economy
Loans to industry, agri pick-up, while retail and services loans slow
September 30, 2024 Leave a Comment on Loans to industry, agri pick-up, while retail and services loans slow
Credit growth was flat at 15 percent in August compared to same period last year levels according to the data on sectoral deployment of bank…
Posted in Economy
India’s $2 lakh crore export ambition wants top boss to rescue it from bank credit crunch
September 9, 2024 Leave a Comment on India’s $2 lakh crore export ambition wants top boss to rescue it from bank credit crunch
India’s exporters are grappling with a significant credit crunch despite a surge in overall lending across the economy. Over the past two years, credit available…
Posted in Business
PM Modi urges financial institutions to reduce cost of credit for small businesses
March 7, 2023 Leave a Comment on PM Modi urges financial institutions to reduce cost of credit for small businesses
NEW DELHI: India has emerged as the “bright spot” of the global economy and is playing a key role in the supply chain, Prime Minister…