As the Indian economy has navigated the pandemic-induced shocks, Care Edge report said, the bank credit growth by scheduled commercial banks (SCBs) improved post-August 2021 to reach 13.1 per cent in early June 2022, a rate last recorded in March 2019. Apart from retail, the major driver of this growth has been the wholesale credit, which reported double-digit growth after witnessing a significant slowdown last year, it said.
from Banking/Finance-Industry-Economic Times https://ift.tt/McwBons
No comments:
Post a Comment