Corporate loan growth outpaces retail advances at top private banks
Corporate lending at top Indian private banks surged significantly in the June quarter. This corporate loan growth far outpaced retail credit expansion, reaching 26% on average. Higher bond yields pushed companies back to mainstream lenders for working capital needs. This revival lifted overall bank credit growth to its fastest pace in over two years. Sectors like commercial real estate and infrastructure saw increased demand for loans.
Source articleCorporate loan growth at 26% average outpaces retail at top private banks driven by high bond yields pushing firms to bank borrowing boosting overall credit growth.
- ›FY2018 corporate credit revival cycle
- ›Post-COVID credit recovery 2021-22
- ›2015 infrastructure lending surge
- Bank of America Downgrades European Stocks, Upgrades Dassault Aviation (DUAVF)Impact 3/10 · Aviation · Defence · Financial Services
- Federal Reserve's Lorie Logan Advocates for Further Rate HikesImpact 6/10 · Banking · Financial Services · IT
- Compliance – how to make money from the box-ticking cultureImpact 2/10 · Financial Services · Legal & Compliance · IT Services
- Indian markets are not vulnerable: Sebi chief Tuhin Kanta Pandey remains optimistic even as Sensex, Nifty bleedImpact 4/10 · Financial Services · Banking · Capital Markets
- Can NSE shares trade on its own platform? Sebi chief says no panel considering self-trading in exchange sharesImpact 3/10 · Financial Services · Capital Markets