Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How has the quarter been so far in terms of overall business, particularly credit growth?

0
Posted

How has the quarter been so far in terms of overall business, particularly credit growth?

0

Our total business at present is close to Rs 180,000 crore. For the entire year, we have set a credit and deposit growth target of 20 per cent. So far, both deposit and credit growth of the bank has been nearly 18 per cent year-on-year. I am certain, we will be able to achieve the target as credit growth will pick up further with the start of the busy season. Over the last quarter, our credit growth has been nearly 3 per cent, compared to the system’s growth of 0.45 per cent. Of the total business of Rs 180,000 crore, the share of domestic advances is about Rs 75,000 crore.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123