BQ Blue’s dedicated research section collects high quality and in-depth stock and economics research reports from the top brokers, asset managers and research firms in India. These reports provide an opportunity for BloombergQuint subscribers to increase their knowledge of companies, sectors and the economy.

Bank credit increased 7.9% year-over-year and increased 128 basis points year-over-year for the two weeks ended February 25, 2022, up from 6.6% in the same period last year (two weeks ended February 26, 2021), mainly driven by private loans, coupled with extended support under the Emergency Credit Line Guarantee Scheme. However, the credit growth rate remained at the same level as in the previous two weeks ending February 11, 2022.

Deposits amounted to Rs 162.2 lakh crore for the two weeks ended February 25, 2022, registering a slower growth rate of 8.6% year-on-year. Deposit growth ranged between 9.3-11.6% from April 2021 to January 2022, with the exception of the two weeks ending January 28, 2022, where it fell to 8.3%.

Meanwhile, in absolute terms, bank deposits have increased by Rs 12.8 lakh crore over the past twelve months and Rs 0.90 lakh crore over the past two weeks (reported date February 11, 2022).

Click on the attachment to read the full report:


This report has been prepared by an external party. BloombergQuint does not warrant the accuracy of its contents and is in no way responsible for it. The contents of this section do not constitute investment advice. For that, you should always consult an expert according to your individual needs. The views expressed in the report are those of the authoring entity and do not represent the views of BloombergQuint.

Users are not licensed to copy, modify, or distribute the content without the permission of the original owner.

This post BFSI Update – Bank borrowing stabilizes, while deposit growth falls marginally: CareEdge

was original published at “”