With deposits outpacing appetite, exports & tariffs hold key to credit revival
Deposit growth had peaked at 14.04% mid-December 2023. For a greater part of FY25, banks were chasing deposits with special schemes, as deposit accretion failed to match credit demand. Now, despite a reduction in the policy rate of 100 basis points to 5.50%, along with a cut in the cash reserve ratio (CRR) in phases, demand for credit has slowed while deposit growth has gathered pace.
Explore courses from Top Institutes in
Select a Course Category
Operations Management
Digital Marketing
Others
Design Thinking
Project Management
Data Science
Artificial Intelligence
MBA
Data Analytics
healthcare
Public Policy
others
Management
Product Management
PGDM
MCA
Data Science
Cybersecurity
Healthcare
Finance
Leadership
CXO
Technology
Degree
Skills you'll gain:
Quality Management & Lean Six Sigma
Analytical Tools
Supply Chain Management & Strategies
Service Operations Management
Duration:
10 Months
IIM Lucknow
IIML Executive Programme in Strategic Operations Management & Supply Chain Analytics
Starts on
Jan 27, 2024
Get Details
ET Bureau
One basis point is a hundredth of a percentage point. The reduction in policy rate has led to transmission of rates to end users, but only partially. The full passthrough will take some more quarters, several bankers said, while announcing the fi rst quarter results. Central bank data showed that about 25-basispoint worth of transmission has taken place on loans while fi xed deposit rates have been reduced in the range of 30-70 basis points since February 2025.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Trusted Law Firm Investigates St. James's Place Investments for Refunds
Pacific Legal Check your Claim
Read More
Undo
Credit growth may remain weak unless structural reforms in tariff rates and production are taken to boost investments and exports. 'There is space for a new producer and exporter of mid-tech goods. India can embrace this opportunity with its abundant labour and wage cost advantage,' said Pranjul Bhandari, chief India economist,
HSBC
. 'But to do this, we believe it needs the right reforms – lower tariff rates on intermediary inputs, more trade deals with other economies, more openness to FDI infl ows, and more ease of doing business reforms across states.'
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
24 minutes ago
- Time of India
Brigade Hotel Ventures sets IPO price band at Rs 85-90/share
Brigade Hotel Ventures Ltd owner and developer of hotels in South India on Monday fixed a price band of Rs 85-90 per share for its Rs 749.6-crore upcoming Initial Public Offering (IPO). At the upper end of the price band, the company is valued at over Rs 3,400 crore. Explore courses from Top Institutes in Select a Course Category by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Bargain Prices on Unsold Container Houses in National Capital Region - Check Them Out! Shipping Container Homes | Search Ads Search Now Undo The IPO is scheduled to open on July 24 and close on July 28. The one-day bidding for the anchor investor will open on July 23, the company announced. Brigade Hotel Ventures' IPO is entirely a fresh issue of equity shares with no Offer For Sale (OFS) component. Proceeds from the issue to the tune of Rs 468.14 crore will be used for payment of debt; Rs 107.52 crore be utilised for purchase of an undivided share of land from the promoter, BEL; and the remaining funds will support acquisitions, other strategic initiatives, and general corporate purposes. Live Events Earlier this month, Brigade Hotel Ventures raised Rs 126 crore by selling equity shares to 360 ONE Alternates Asset Management. Brigade Hotel Ventures Ltd is a subsidiary of Bengaluru-based real estate company Brigade Enterprises Ltd (BEL). BEL entered into the hospitality business in 2004 with the development of its first hotel Grand Mercure Bangalore, which commenced operations in 2009. The company has a portfolio of nine operating hotels across Bengaluru (Karnataka), Chennai (Tamil Nadu), Kochi (Kerala), Mysuru (Karnataka) and the GIFT City (Gujarat) with 1,604 keys. The hotels are operated by global marquee hospitality companies such as Marriott, Accor and InterContinental Hotels Group. The company announced that 75 per cent of the offer size has been set aside for qualified institutional buyers, 15 per cent for non-institutional investors and the remaining 10 per cent for retail investors. JM Financial and ICICI Securities are the book-running lead managers to the issue. Shares of the company are expected to list on the bourses on July 31.
Time of India
26 minutes ago
- Time of India
Garena Free Fire Max Redeem Codes for July 21: Unlock 10+ free rewards including skins, diamonds and weapons today
Garena Free Fire Max remains one of the most popular battle royale titles globally, known for its high-quality graphics, seamless gameplay, and engaging user experience. To keep players excited, Garena—the game's developer—frequently rolls out new redeem codes that unlock a variety of free in-game rewards. These rewards may include exclusive weapons, skins, diamonds, and more. What are Free Fire Max Redeem Codes? These 12 to 16-character alphanumeric codes are valid for a limited period and may expire soon due to restricted redemption limits. Each code can only be used once per account, so players are encouraged to redeem them as quickly as possible. Explore courses from Top Institutes in Select a Course Category Healthcare CXO Product Management Operations Management Management Leadership Degree MCA healthcare Digital Marketing Design Thinking Others Artificial Intelligence Technology Cybersecurity Data Science PGDM Finance others Data Science Public Policy Project Management MBA Data Analytics Skills you'll gain: Financial Analysis in Healthcare Financial Management & Investing Strategic Management in Healthcare Process Design & Analysis Duration: 12 Weeks Indian School of Business Certificate Program in Healthcare Management Starts on Jun 13, 2024 Get Details Free Fire Max Redeem Codes Today [July 21] Here are the latest active redeem codes: by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now Undo FMNBVC012ZXASDF3 FLKJHG890FDSAQW5 FHGFDS234AZXCVB7 FTREWQ901YUIOP23 Live Events FVBNMC678LKJHGF9 FYUIOP456QWERT12 FJKLPO123MNBVC67 FSDFGH901AZXCVB3 FXCVBN234LKJHGF5 FCVBNM789POIUYT0 FBNMKL456ASDFGY2 FNMJKL123ZXCVBH6 FMLKJH567QWERTY9 FKLJHG890ASDFGH2 FJHGFD345ZXCVBN8 How to Redeem Free Fire Max Codes Go to the official redemption site: Log in using your Free Fire MAX account (via Facebook, Google, VK, or Twitter). Enter any active redeem code from the list. Click on 'Confirm' to submit. Once redeemed, the reward will be delivered to your in-game mailbox within 24 hours. Keep checking daily for the latest Free Fire Max redeem codes as Garena regularly introduces new codes packed with exciting loot and upgrades for dedicated players.
Time of India
30 minutes ago
- Time of India
Stocks to buy today: ONGC, HDFC AMC among top 7 trading ideas for 21 July 2025
The Indian market is likely to open lower on Monday, tracking weak global cues. Nifty futures closed lower on Friday, slipping 0.59% to 25,026. Meanwhile, India VIX rose 1.3% to end at 11.39, indicating a slight uptick in market volatility. Explore courses from Top Institutes in Select a Course Category Project Management PGDM healthcare Public Policy Finance Operations Management Data Science Data Analytics Healthcare CXO Product Management Others MCA Artificial Intelligence Cybersecurity MBA Digital Marketing Technology Data Science Degree Design Thinking Management Leadership others Skills you'll gain: Project Planning & Governance Agile Software Development Practices Project Management Tools & Software Techniques Scrum Framework Duration: 12 Weeks Indian School of Business Certificate Programme in IT Project Management Starts on Jun 20, 2024 Get Details Skills you'll gain: Portfolio Management Project Planning & Risk Analysis Strategic Project/Portfolio Selection Adaptive & Agile Project Management Duration: 6 Months IIT Delhi Certificate Programme in Project Management Starts on May 30, 2024 Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Safest Cities Where People can Live in Peace Undo On the options front, maximum Call Open Interest (OI) is seen at the 25,100 strike, followed by 25,200, while maximum Put OI is placed at 25,000, then 24,900. Call writing has been observed at the 25,100 and 25,000 strikes, while Put writing is seen at 25,000 and 24,900, suggesting a key tussle around these levels. 'Options data suggests a broader trading range between 24,500 and 25,500, with an immediate range between 24,700 and 25,200,' said Chandan Taparia, Analyst - Derivatives at Motilal Oswal Financial Services . Live Events 'Signs of profit-taking have been building over the last few sessions. The index now needs a decisive move above 25,000 to negate the immediate bearish outlook and trigger a meaningful recovery,' he added. 'A bearish candle was formed on both daily and weekly charts. As long as Nifty holds below 25,000, weakness could extend toward 24,800, then 24,650 zones, while resistances are seen at 25,150 and 25,250,' Taparia said. Expert: Chandan Taparia, Motilal Oswal Financial Services HDFC AMC : Buy | Target: Rs 5,900 | Stop Loss: Rs 5,450 SAIL : Buy | Target: Rs 144 | Stop Loss: Rs 132 Dalmia Bharat : Buy | Target: Rs 2,365 | Stop Loss: Rs 2,210 F&O Strategy – ONGC (July 31 Expiry): Buy | Target: Rs 258 | Stop Loss: Rs 240 Expert: Sharan Lillaney, Independent SEBI Research Analyst Tata Steel : Buy | Target: Rs 168 | Stop Loss: Rs 156 Muthoot Finance : Buy | Target: Rs 2,740 | Stop Loss: Rs 2,580 Whirlpool : Buy | Target: Rs 1,514 | Stop Loss: Rs 1,374 ( Disclaimer : Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of The Economic Times)
