Banking Rate Tracker - August 2022

Credit offtake, which showed an advancing trend in the latter half of FY22, has continued in FY23.

Oct 04 2022 | -
Reduction in Credit Costs Drives Net Profits for Banks in Q1 FY

The non-food credit growth registered a more than 2.5x rise year-on-year (y-o-y) and reached 13.7% in June 2022.

Sep 30 2022 | -
Credit Offtake Continues to Rise, Sees Near 9-year High Growth

Marching upwards since the latter of FY22, credit offtake registered a robust growth of 16.2% year-on-year (y-o-y) in the fortnight ended September 09, 2022

Sep 26 2022 | -
Non-Life Insurance Update for August 2022

After over 20% growth in Q1 FY23, the non-life insurance industry registered a growth of 16% and 11.9% in July and August, respectively.

Sep 20 2022 | -
Banking Credit and Deposits Update

Credit growth has maintained its growth momentum driven by sustained retail and rising corporate loan growth.

Sep 12 2022 | -
Life Insurance Update for August 2022

The first-year premium of life insurers reached Rs 32,856 crore in August 2022

Sep 08 2022 | -
Banking Rate Tracker - Rates Continue to be on Rising Trajectory in July

Private Sector Banks (PVB) and Public Sector Banks (PSB) have maintained high spreads between lending and deposit rates

Sep 06 2022 | -
MFs Reduce Exposure to NBFC Debt while Banks’ O/s Credit Rises

Banks’ outstanding credit to non-banking financial companies (NBFCs) rose by 27.4%

Sep 05 2022 | -
Insolvency Resolution Remains Slow in Q1 even as Haircuts Rise

After slowing in H2FY21 and FY22, the number of insolvency cases increased by 23.5% y-o-y in Q1FY23

Sep 02 2022 | -
Banking Credit and Deposits Update

Bank Credit Growth Continues to Accelerate

Aug 30 2022 | -