Bank Credit Growth at 13.75%, RBI Credit Policy Today

RBI announced the Credit Figure for 16 Jan, which was at 30.08 trillion rupees (lakh cr.) which is a growth of 13.75% from last year. Monthly averages here: Given that we’re starting to scale up organized credit, some monetary tightening is expected. Either a Capital Reserve Ratio (CRR) Hike or a Repo Rate hike is on the cards, and reflects in the sentiment of the market. However, if both don’t happen, expect a short term rally. This post is written by Deepak Shenoy , at The Indian Investor’s Blog .

Here is the original:
Bank Credit Growth at 13.75%, RBI Credit Policy Today

Related posts:

1. Bankers differ on rate cut at Tuesday’s credit policy meet
2. Bank Credit Growth Ticks Up at 10.5%
3. Bank Credit Growth Ticks Up at 10.5%
4. Bank Credit Growth lowest since March 2004
5. Bank Credit Growth in Single Digits

Tagged as: 30-08-trillion, capital-reserve, cards, credit, credit-figure, deepak-shenoy, indian-investor, short-term, some-monetary, the-sentiment

Like this post? Post Comment, Download and Subscribe RSS