Individuals and entities with significant bank borrowings did not hesitate to take even more credit from banks in the quarter ended September 2012. Conversely, there was a decline in the credit issued to people with no borrowings. This was also the segment that saw the fastest growth in deposits during the period.
An analysis of the data segregating borrowers in terms of their Credit-Deposit ratio – the quantum of credit taken by banks vis-à-vis the amount of money deposited – show that credit disbursed to borrowers with a CD ratio of 80-100 rose by 20.4 per cent in the quarter.
In the case of individuals with a CD ratio greater than 100, the quantum of credit disbursed rose by 16.7 per cent. But in the case of people with a CD ratio of 0-25, there was a 5.7 per cent decline in credit disbursement.
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