Bank credit growth likely to be at 8.9-10.2 pc this fiscal: Report

"Icra Ratings expects outlook for banks to be stable in FY23, based on continued improvement in earnings driven by improved credit growth of 8.9-10.2 per cent in FY23 (8.3 per cent for FY22 (expected) and 5.5 per cent in FY21) and decline in credit provisions," the agency said in a report on Tuesday.

from Banking/Finance-Industry-Economic Times https://ift.tt/zkBZg41