Thursday, February 27, 2020

Bank credit growth continues to be tepid

Total bank credit amounted to Rs 100.4 lakh crore, up 6.3% YoY, according to the latest figures released by the Reserve Bank of India. Incrementally credit was contracting until September. Several government initiatives pushed the growth rate in the positive zone subquently. But it has failed to see the double digit growth of the past several years.

from Banking/Finance-Industry-Economic Times https://ift.tt/3cfPr6c

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