Tuesday, January 25, 2022

Loan demand back to pre-COVID levels

"Indian banks are ready to shift into a growth phase, just in time to meet rising demand as the country's economy recovers," said Nikita Anand, associate director for credit risk at S&P Global Ratings. "Faster loan growth will be bolstered by improving asset quality and a normalization in credit costs over the next 12-18 months."

from Banking/Finance-Industry-Economic Times https://ift.tt/3g2qRJ3

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