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Good growth in credit stock

Bank Credit has grown to a steady 16% rate all year, though the rate was higher than 20% till as late as September with year end 31-Dec Stock of INR 43.67 Tln or $0.91 Tln from below INR 41 tln in the first week of September on 09-Sep to a net INR 44.87 tln $0.935 tln in the week before the budget on 09-Mar. Deposits are up to INR 58.5 tln or $1.22 tln.  Deposits are up 14% for the year and Investments in bonds and Fixed Income 18% 

HDFC Bank recently announced more than 6,200,000 new rural customers thru loan festivals organised by the bank in ruralheartlands leveraging its distribution and plans to hold 500 such “Grameen Mega” next fiscal reaching 10 mln families with CV / Tractor / Auto loans to direct Agricultural loans for crop maintenance under viable financing (ET  03/19)

 

 

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Investment Banker, 40s, Bangalore This Biopic and this web recreates how one point of view, one person can impact a tremendous economic engine that the world thrives and mis-thrives on. This one has the knowledge and the civil sense , the art of conversation and some good writing to mentor others as powerful and help global managers develop and fine tune their approach on US markets, China, India and the world. Read on here, and let me know what you need. It can be a race for TRPs, a race for new markets and a race to do what is right. I have the pulse of the crisis, the recovery and the market direction and can help you build and refine your strategy as i have helped thousands of managers and multiple global corporations. Of course, it’s more fun if you talk to me. I am in favor of leading this moving of the economic crisis and will partner with you in a soft and subtle way, just the way we both ride to the top. But you can write with us, opine and just reply with aplomb and shine on Twitter , 4 square , Facebook and any other social “choupal” of choice via zyaadakairaada Profile & Portfolio - SocialPicks Different flavours at: http://benchilibowl.wordpress.com http://zyaada.mp

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