answersLogoWhite

0

What is credit growth?

Updated: 9/16/2023
User Avatar

Wiki User

11y ago

Best Answer

teri maa ki choot

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is credit growth?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

How does credit contribute to the growth of the economy?

no way hosay! :)


What is the nature and function of credit?

in the various stages of economic development, not a few former underdeveloped nations have achieved higher levels of stability and growth in both economic and social endeavors. it is most evident that the credit system,among other things , has been very instrumental in the development and progress of nations. it means that the rate of economic growth of a country depends on the stability of credit . basically this chapter focuses on the importance of credit on the development and growth of our country.


What is credit off-take?

The growth of banking industry is closely interlinked with the growth in the economy. Slowdown in economy in the past few years meant lower credit offtake. With lower demand for credit, banks had no option but to invest in low yielding Government securities (G-sec). However with the recent recovery in economy the credit offtake is likey to pick-up and pick-up in credit offtake means deploying funds to the commercial sector and earning a higher return than G-sec. Recovery in the select sectors, like steel, textile and capital goods which have high credit consumption, has lead to pick-up in credit offtake. This clearly means a good topline growth for the banks.


How important is credit to the growth of a business?

For most businesses, credit is very important and provides the following benefits (but is not limited to the following): * Allows for reduced capital due to carry of payables * Provides for purchase of equipment that may not have been possible without credit * Provides for the development of a business credit history, important as the organization goes beyond baby steps


What is a macro-credit analysis?

Macro means large as in "The Economy as a whole" and credit analysis means the ability of institutions and prople overall to get credit, to honor their commitment to pay back in a timely manner and the extent to which current and expected returns are positive or negative to present economy and future growth of the economy. Sort of intuitive answer.

Related questions

What credit does for business?

Business credit allows expansion and growth through buying power.


How does credit contribute to the growth of the economy?

no way hosay! :)


What is the nature and function of credit?

in the various stages of economic development, not a few former underdeveloped nations have achieved higher levels of stability and growth in both economic and social endeavors. it is most evident that the credit system,among other things , has been very instrumental in the development and progress of nations. it means that the rate of economic growth of a country depends on the stability of credit . basically this chapter focuses on the importance of credit on the development and growth of our country.


What is credit off-take?

The growth of banking industry is closely interlinked with the growth in the economy. Slowdown in economy in the past few years meant lower credit offtake. With lower demand for credit, banks had no option but to invest in low yielding Government securities (G-sec). However with the recent recovery in economy the credit offtake is likey to pick-up and pick-up in credit offtake means deploying funds to the commercial sector and earning a higher return than G-sec. Recovery in the select sectors, like steel, textile and capital goods which have high credit consumption, has lead to pick-up in credit offtake. This clearly means a good topline growth for the banks.


Evaluate the view that growth in credit is likely to have an adverse effect on the uk's economic performance?

Difficult one...


One factor that contributed to the growth of consumerism in post-World War 2 America was?

the increased availability of credit.


What caused the economic growth of the US's economy after World War 2?

The invention of credit cards


Could the credit crunch have been prevented?

The credit crunch both from the private and banking sources deter smooth flow of finance in a company and thus a hindrance in its effective growth in the long run.


Ensuring that enough money and credit are available to sustain economic growth without inflation is the primary mission of who?

Federal Reserve


What policy involves changing the rate of growth of money supply in circulation in order o affect the cost and availability of credit?

laissez-faire


How important is credit to the growth of a business?

For most businesses, credit is very important and provides the following benefits (but is not limited to the following): * Allows for reduced capital due to carry of payables * Provides for purchase of equipment that may not have been possible without credit * Provides for the development of a business credit history, important as the organization goes beyond baby steps


What are the best credit cards?

The Nilson Report has recently released its annual figures for the top commercial and business credit cards of 2010. This list includes some of the largest banks in the U.S., as well as figures for their total numbers of accounts, credit cards, and their growth (or loss) compared to the same figures in 2009.