ALERT :- Indian Bank Loan Growth came @ 14.20% on 13 Dec 2013
Note : - Bank Loan Growth measures the change in the total value of outstanding bank loans issued to consumers and businesses. Borrowing and spending are closely correlated with consumer confidence.
Some Previous Indian Bank Loan Growth data :-
Release Date Actual Previous
Dec 13, 2013 14.200% 15.500%
Nov 29, 2013 15.500% 16.400%
Nov 15, 2013 16.400% 16.600%
Nov 01, 2013 16.600% 17.700%
Oct 18, 2013 17.700% 17.900%
Oct 04, 2013 17.900% 18.200%
After analyzing the above data, it is clear that when data came every time then it was below from previous data consistently. Means to say Banks lending ability is decreasing in the market and one of the main reason for this is increasing Non Performing Assets (NPAs) of the banks.
Note : - Bank Loan Growth measures the change in the total value of outstanding bank loans issued to consumers and businesses. Borrowing and spending are closely correlated with consumer confidence.
Some Previous Indian Bank Loan Growth data :-
Release Date Actual Previous
Dec 13, 2013 14.200% 15.500%
Nov 29, 2013 15.500% 16.400%
Nov 15, 2013 16.400% 16.600%
Nov 01, 2013 16.600% 17.700%
Oct 18, 2013 17.700% 17.900%
Oct 04, 2013 17.900% 18.200%
After analyzing the above data, it is clear that when data came every time then it was below from previous data consistently. Means to say Banks lending ability is decreasing in the market and one of the main reason for this is increasing Non Performing Assets (NPAs) of the banks.
Read the full article on Biggest Loan Defaulters in India :- http://nifty-analysis.blogspot.in/2013/12/biggest-loan-defaulters-in-india14122013.html
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