When Interest Rates Head North…
Pricier overseas borrowing, higher bank loan rates and large issuances triggered the demand for corporate bonds.
Pricier overseas borrowing, higher bank loan rates and large issuances triggered the demand for corporate bonds.
The top court said that classifying accounts as fraud results in serious criminal and civil consequences for borrowers.
‘Personal loans’, rather than credit to agri, industry, and services, remains at the top and drive credit offtake, which needs to be corrected to avoid low-middle income trap and stalling growth
Total bank credit rose by 16.4% on a YoY basis as of Sep’22, supported by higher non-food credit demand.
While NPAs have come off their FY18 peak, they still remain far from their all-time lows.