Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
Latest Circulars »
Open DEMAT Account in 24 hrs
  Auction of Government of India Dated Securities
 Extension of validity of Directions under Section 35A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) HCBL Co-operative Bank Ltd Lucknow (U.P.)
 Winning in Uncertain Times: The Indian Experience (Inaugural Speech by Shri Shaktikanta Das, Governor, Reserve Bank of India - November 22, 2023 - Delivered at the FIBAC 2023 Conference Organised Jointly by FICCI and IBA at Mumbai)
 International Trade Settlement in Indian Rupees (INR) Opening of additional Current Account for exports proceeds
 Regulatory measures towards consumer credit and bank credit to NBFCs
 Emerging India: A Land of Stability and Opportunities (Keynote Speech by Shri Shaktikanta Das, Governor, Reserve Bank of India - November 9, 2023 - Delivered at the Symposium on Indian Economy 2023 organised by Institute of Indian Economic Studies at the Tokyo Chamber of Commerce and Industry, Tokyo, Japan)
 Auction of Government of India Dated Securities Nov 06, 2023
 Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption due on November 04 and 06, 2023 (SGB 2018-19 Series I and SGB 2017-18 Series VI)
  Auction of State Government Securities
  RBI announces results of second edition of its Global Hackathon HARBINGER 2023
 Results of Underwriting Auctions Conducted on October 13, 2023

RBI releases Quarterly BSR 1 Outstanding Credit of Scheduled Commercial Banks for June 2020
October, 15th 2020

Today, the Reserve Bank released its web publication entitled ‘Quarterly Basic Statistical Returns (BSR)-1: Outstanding Credit of Scheduled Commercial Banks (SCBs), June 2020’ on its Database on Indian Economy (DBIE) portal (web-link: https://dbie.rbi.org.in/DBIE/dbie.rbi?site=publications#!12). It captures various characteristics of bank credit such as occupation/activity and organisational sector of the borrower, type of account, and interest rates. Data covering 1,25,686 branches of 90 SCBs (excluding Regional Rural Banks) are presented for bank groups, population groups and states1.

Highlights:

  • Bank credit growth (Y-o-Y) decelerated for the sixth successive quarter and stood at 5.7 per cent in June 2020: the moderation was across all bank groups.

  • Industrial credit contracted by 0.6 per cent (Y-o-Y) in June 2020 and its share in overall credit declined to 30.8 per cent from 32.8 per cent a year ago; credit to household sector, on the other hand, increased by 9.0 per cent (Y-o-Y) and its share in total credit rose to 50.2 per cent from 48.7 per cent a year ago.

  • The weighted average lending rate (WALR) on outstanding credit declined by 25 basis points during the quarter ended June 2020 and by 55 basis points over the last one year.

Ajit Prasad
Director  

Press Release: 2020-2021/483


1Aggregate data based on fortnightly Form-A Return (collected under Section 42(2) of the RBI Act 1934) for the last reporting Friday of June 2020 had been published earlier at our website (Home>Statistics>Data Release>Fortnightly>Scheduled Bank's Statement of Position in India) and aggregate level monthly Sectoral Deployment of Bank Credit data for June 2020 based on selected banks had also been published on our website (Home>Statistics>Data Release>Monthly> Data on Sectoral Deployment of Bank Credit).

Home | About Us | Terms and Conditions | Contact Us
Copyright 2023 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting