bank lending

Credit-deposit ratio: A key metric for India’s bankers is sending out a red signal

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Credit-deposit ratio: A key metric for India’s bankers is sending out a red signal

Banks have been facing hurdles in deposit growth as they are not keeping pace with their lending activities.  During the fortnight ending March 22, 2024, deposits saw a 13.5% increase, reaching Rs 204.8 lakh crore compared to previous year. However, lending during the same period surged by 20.2%, reaching Rs 164.3 lakh crore, as per … Read more

Asian stocks try to bounce, China data a risk

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Asian stocks try to bounce, China data a risk

SYDNEY: Asian share markets were attempting a rare rally on Monday after Wall Street managed a bounce from deep lows, though investors were also braced for bad news from Chinese economic data due later in the session. Forecasts are for a fall of 6.1% in China’s annual retail sales, while industrial output is seen rising … Read more