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Home loan outstanding up by Rs 10 lakh cr in last 2 yrs

Credit outstanding to the housing sector rose by nearly Rs 10 lakh crore in the last two fiscals to reach a record Rs 27.23 lakh crore in March this year, according to RBIs data on Sectoral Deployment of Bank Credit. Experts from banking and real estate sectors attributed this growth in housing credit outstanding to a strong revival in the residential property market post-COVID pandemic on pent-up demand. According to the data of the Reserve Bank of India (RBI) on sectoral deployment of bank cre...
Dominic Xavier Rediff Mohit Jain Karthik Srinivasan Madan Sabnavis Samir Jasuja Krisumi Corporation
Source: rediff.com

Home loan outstanding reaches Rs 27 lakh crore in March: RBI

Credit outstanding to the housing sector rose by nearly Rs 10 lakh crore in the last two fiscals to reach a record Rs 27.23 lakh crore in March this year, according to RBI’s data on ‘Sectoral Deployment of Bank Credit’. Experts from banking and real estate sectors attributed this growth in
Madan Sabnavis Samir Jasuja Sectoral Deployment Of Bank Credit Sectoral Deployment Reserve Bank Chief Economist

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bank credit: Growth in bank credit to industry decelerates to 7.8% in January: RBI

Among major industries, growth in credit to food processing and textiles accelerated in January 2024 against the corresponding month of the previous year, while that of basic metal & metal products and chemicals and chemical products decelerated.
Sectoral Deployment Of Bank Credit Reserve Bank Sectoral Deployment Bank Credit Services Sector Commercial Bank

Bank credit outstanding to real estate rises to record Rs 28 lakh crore in July: RBI

The commercial office segment was reeling under the pandemics pressure last year as employers were contemplating strategies around complete work from the office, work from home, or a hybrid model. However, as the situation gained normalcy, employees returned to offices and the demand for good quality commercial offices is high this year.
West Bengal Tamil Nadu Andhra Pradesh Mohit Jain Samantak Das Anant Raj Ltd

Latest News | Non-food Bank Credit Grows 15.1 Pc in July: RBI Data

Get latest articles and stories on Latest News at LatestLY. Banks non-food credit registered a growth of 15.1 per cent in July as compared to 5.1 per cent a year ago, RBI data showed. Latest News | Non-food Bank Credit Grows 15.1 Pc in July: RBI Data.
Sectoral Deployment Of Bank Credit For Reserve Bank Sectoral Deployment Bank Credit Ultimate Launching Likely To Be Launched

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