Financial Institutions disbursements up 17.2% - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

Financial Institutions disbursements up 17.2%

Mar 8, 2000

For the first nine months of FY2000 disbursements of all India financial institutions have recorded a 17.2% growth amounting to Rs 426.9 bn and sanctions for the same period are up 15.6% amounting to Rs 720.3 bn. In comparison disbursements for the first nine months of FY99 went up by 12.5%, and sanctions for the same period went up by 36.9%. Hence for the first nine months of FY2000, disbursements have shown a much better growth. This can be attributed to a pick up in the economy, political stability and overall improvement in the industrial scenario.

However the sectoral break up and the states from which these disbursements came from during this period is not clear.

In FY99 the bulk of FI's sanctions was claimed by the private sector at 77.3%, followed by the public sector at 19.6% and the remaining being contributed by the joint and co-operative sectors.

The infrastructure sector which comprises electricity generation, telecommunications, roads, ports, bridges have accounted for the largest share of 29% in sanctions in FY99. The other industries which accounted for a major chunk of the sanctions in FY99 were services 11.5%, refineries and oil exploration 9%, chemicals and chemical products 7%, basic metals 6.4%, textiles 6.2% and electrical and electronic equipment (4.1%).

The main bulk of infrastructure sanctions was contributed to by power generation due to the infrastructure status they received in the last year. Textiles and steel did not account for a large share in sanctions for FY99 shows that FI's have decided to reduce their exposure to these industries as they are not performing well. FI's NPAs in the last couple of years have risen mainly due to the fact that these two industries formed a major portion of total industry exposure as these were badly hit by the economic slowdown.

Among the states the highest share was of Maharashtra (28.7%), followed by Gujarat (11.9%), Tamil Nadu (11%), Andhra Pradesh (7%), Delhi (6.4%), Karnataka (6.3%), Uttar Pradesh (4.6%) and West Bengal (4.2%).

Equitymaster requests your view! Post a comment on "Financial Institutions disbursements up 17.2%". Click here!


More Views on News

REPCO HOME Share Price Down by 7%; BSE 500 Index Up 0.5% (Market Updates)

Apr 13, 2021 | Updated on Apr 13, 2021

REPCO HOME share price is trading down by 7% and its current market price is Rs 292. The BSE 500 is up by 0.5%. The top gainers in the BSE 500 Index are GUJARAT ALKALIES (up 11.6%) and BANK OF MAHARASHTRA (up 9.0%). The top losers are REPCO HOME (down 6.5%) and COFORGE (down 6.6%).

MOTILAL OSWAL Share Price Down by 7%; BSE 500 Index Up 0.4% (Market Updates)

Apr 13, 2021 | Updated on Apr 13, 2021

MOTILAL OSWAL share price is trading down by 7% and its current market price is Rs 655. The BSE 500 is up by 0.4%. The top gainers in the BSE 500 Index are GRAPHITE INDIA (up 7.3%) and GIC OF INDIA (up 6.4%). The top losers are MOTILAL OSWAL (down 6.6%) and 3M INDIA (down 7.4%).

HDFC Announces Quarterly Results (3QFY21); Net Profit Down 65.1% (Quarterly Result Update)

Feb 3, 2021 | Updated on Feb 3, 2021

For the quarter ended December 2020, HDFC has posted a net profit of Rs 29 bn (down 65.1% YoY). Sales on the other hand came in at Rs 116 bn (down 42.2% YoY). Read on for a complete analysis of HDFC's quarterly results.

Indian Railway Finance Corporation IPO: Should You Apply? (IPO)

Jan 18, 2021

Monopolistic railway financer with impeccable asset quality.

CAMS IPO: Should You Apply? (IPO)

Sep 18, 2020

Does the company having 70% market share of the mutual fund registrar business have sound prospects?

More Views on News

Most Popular

My Recent Recommendation Will Profit from the Global Supply Chain Crisis (Profit Hunter)

Mar 31, 2021

A tiny chemical company, started in the Licence Raj era, is a great example of a new wealth creating opportunity.

My Stock Trading Strategy (Fast Profits Daily)

Mar 31, 2021

In this video I'll show you exactly how I go about picking stocks for trading.

4 Stocks to Make Your Portfolio Immune to the Second Covid Wave (Profit Hunter)

Apr 6, 2021

Rather than predicting the market, successful investing is more about preparing well and placing your bets accordingly.

If the Market Falls, I Will Do This... (Fast Profits Daily)

Apr 1, 2021

What should you do if the market falls? In this video, I'll tell you what I will do.

India: Recovery Stalled by Vaccine Games? (The Honest Truth)

Apr 13, 2021

Ajit Dayal on how India's vaccine strategy will impact the markets.


India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms