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Cost of funds of NBFCs on the rise as banks squeeze
As a direct consequence of their funds becoming costlier, non-bank entities are also heading towards a market where their margins would be squeezed
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Bank credit grows 6.11% in fortnight ended July 30: RBI
Bank advances stood at Rs 102.82 lakh crore and deposits at Rs 141.61 lakh crore in the fortnight ended July 31
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Non-food bank credit grows 5.9% in June: RBI data
Advances to industry contracted 0.3% in June whereas there was a 2.2% growth in the same period a year ago
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Overdraft Facility: Things you should know
An overdraft facility is short-term pre-approved loan offered by banks and financial institutions that are granted banking rights by the central bank
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Paytm launches ‘Postpaid Mini’ for users to provide small-ticket instant loans
Paytm will offer access to loans ranging from Rs 250 to Rs 1000, in addition to Paytm Postpaid’s instant credit of up to Rs 60,000.
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Bank credit grows 5.82%; deposits by 10.32%
Bank advances stood at Rs 102.46 lakh crore and deposits at Rs 138.67 lakh crore in the fortnight ended June 19, 2020
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Bank credit grows by 6.02%; deposits by 9.87%
In the fortnight ended May 8, 2020, bank advances stood at Rs 102.52 lakh crore and deposits at Rs 138.50 lakh crore, according to RBI's Scheduled Ban
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Higher retail loans boost bank credit growth: RBI data
Bank credit refers to the amount of credit available to a business or an individual from a banking institution in the form of car loans, personal loan
