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CREDIT OFFTAKE
India targets 10-fold clean fuel output jump in next 5-10 years to curb importsIndia aims for a tenfold increase in compressed biogas production over the next decade. The government plans to address supply chain uncert...- After ethanol in petrol, it’s now Bio-CNG’s turn: Govt’s Rs 23,731 crore push could change what powers your CNG car in the years aheadIndia is set to unveil the GOBARdhan scheme, targeting a significant rise in Compressed Biogas production. By transforming agricultural was...
- Cabinet approves GOBARdhan scheme with Rs 23,731 crore outlayThe Scheme aims to increase domestic Compressed Biogas (CBG) production nearly ten-fold, mobilize large-scale private investment and create...
- Cabinet approves GOBARdhan biogas scheme, Guwahati-Tezpur highway worth Rs 32,701 crore combinedThe Union Cabinet approved two significant projects totaling over Rs 32,000 crore. The GOBARdhan scheme aims to boost biogas production nat...
- Cost pressure to keep Q1 profit growth muted for Nifty 50 companiesNifty 50 companies anticipate double-digit revenue growth for the June 2026 quarter. Profit growth is projected to remain in single digits ...
- Strong balance sheets help India Inc absorb West Asia fallout: CrisilA stress test by Crisil Ratings covering 34 sectors that account for 65% of its rated corporate debt suggests that India Inc remains broadl...
- Big Tech-backed coalition for carbon removal increases funding by $915 million, adds AnthropicA major coalition is injecting an additional 915 million dollars into carbon removal technology. This significant funding boost aims to sca...
- Higher crude prices fuel bank lending boom; credit growth hits 17.7%, fastest since June 2024Bank lending saw its fastest growth in almost two years by May 31, 2026. Credit expanded significantly, reaching Rs 215.2 lakh crore. This ...
- Finance Minister to review flagship schemes with state-owned banks, RRBs in West Bengal: SourcesFinance Minister Nirmala Sitharaman will soon review key schemes like Jan Dhan, Mudra, and PM Vishwakarma in West Bengal. She will meet wit...
- Covid resurgence to cause short-term disruption in credit offtake: HDFC Securities"The large industrial credit, which constitutes 82 per cent of industrial credit, continued to de-grow at (-) 0.8 per cent YoY as the Capex...
- Low credit demand due to corp deleverageing,debt funds: Deepak ParekhIndia Inc borrowed only Rs 98,440 crore from banks in the first nine months of fiscal 2017, while they raised Rs 1.8 trillion from overseas...
- FM Arun Jaitley discusses steps to control rising NPAs with PSU bank chiefs"We have suggested to the banks that proactive steps (be taken) in supporting various projects so that credit offtake in these projects tak...
- Bank credit offtake declines in the first half of JulyGrowth of credit offtake from banks has declined by Rs 34,500 crore in the first half of July compared to previous fortnight.
- Credit growth slows down to 17% due to high interest ratesYear-on-year credit growth up to March 23, 2011-12 was 17% as against 21.5% in the same period of the previous fiscal, RBI data showed.
- Credit offtake growth slows to 15.8 per centGrowth in non-food credit offtake slipped to 15.8 per cent at Rs 45.20 lakh crore during 12 months ending February 10, the lowest so far th...
- Credit offtake up 20.5 per cent during 12 months to September 9Despite the high interest rate regime, credit offtake from banks grew 20.5 per cent to over Rs 42 lakh crore during 12 months to September ...
- Bank credit offtake up 21.5%; deposits rise only 15.5% in FY11Credit offtake from public and private banks grew by over 21.5 per cent in the one-year period ended March 25, indicating an upswing.
- Credit offtake seems more subdued than data suggestThe figures show a credible 23.2% increase in bank credit to the commercial sector, as of December 31, 2010, over the like period last year...
- Credit offtake in banking system still low, says BhattCredit offtake in the banking system is still low and the present rate of 19 to 20 per cent is not enough to increase interest rates, said ...
- Credit offtake crashesAfter growing their loan books by over Rs 80,000 crore in December, banks have slowed down in January, with loans growing by only Rs 14,289...
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