Offtake

State-owned Coal India Ltd (CIL) has reported a 9.5% year-on-year rise in monthly production to a record 60 million tonne (MT) in May 2023.The miner, along with its subsidiaries, had produced 54.7 MT of coal in the same month last year, CIL…

Ludhiana's famous hosiery cluster in Punjab is staring at losses on account of lower offtake of garments because of the delayed winter as it finds repeat orders hard to come by with retailers having already been left with a heavy stock of…

PTI Chandigarh, December 24 Ludhiana's famous hosiery cluster in Punjab is staring at losses on account of lower offtake of garments because of the…

<!-- -->Mumbai: RBI Governor Shaktikanta Das on Friday said banks cannot perennially rely on the central bank's money to support credit offtake and they need to mobilise more deposits to aid credit growth.He said banks have already…

Public sector lender Indian Bank standalone net profit for the first quarter rose 3% to ₹1,213 crore over the year-earlier period on improved credit offtake, reduction in NPAs and stable NIM.During the quarter, total income rose to ₹11,758…

Offtake of credit from scheduled commercial banks to medium, micro and small industrial enterprises has zoomed in recent months on the back of the government’s emergency credit line guarantee scheme (ECLGS), the Centre for Monitoring Indian…

<!-- -->Government has said there is a dip in private investment demand since the onset of pandemicModeration in credit offtake in the country since the outbreak of the Coronavirus pandemic, due to lack of private investment demand,…