Maha Shivratri Offer- Use Code SHIVRATRI24

Register Now

Report by RBI: ‘Quarterly Basic Statistical Returns’

Published on July 01, 2021
Current Context: The Reserve Bank of India (RBI) has released a publication titled ‘ Quarterly Basic Statistical Returns (BSR)-1: Outstanding Credit of Scheduled Commercial Banks (SCBs) March 2021’.
Report by RBI: ‘Quarterly Basic Statistical Returns’
  • As per the report, there is a negative credit (loan) growth for India’s industrial sector for FY 2021. The negative growth is due to the pandemic COVID-19.
  • The report mentioned continuous growth in personal loans and the growth was 13.5% in March 2021 (Y-o-Y).
  • There was a contraction of working capital loans in the form of cash credit, overdraft and demand loans in FY21.
  • The working capital loans were one-third of total credit.
  • The credit in the household sector increased by 10.9% (Y-o-Y). it was observed that the total credit increased from 49.8% in March 2020 to 52.6% in March 2021.
  • The credit in the private corporate sector reduced and its share in the total credit was 28.3%.
  • Also, the loan growth was recorded higher in the case of private banks in comparison to other bank groups.
  • The Weighted Average Lending Rate (WALR) on outstanding credit reduced by 21 basis points in Q4 FY21 and was moderated by 91 basis points in FY21.
  • Static Part: 
    • HQ of RBI: Mumbai
    • Governor of RBI: Shaktikanta Das

Can I help you?

ramandeep singh

Hey I am Ramandeep Singh. I am determined to help students preparing for RBI, SEBI, NABARD and IBPS exams. Do you want me to help you ?

Join my class here
    Follow me:
Close Menu
Close Menu