Thursday, August 18, 2022

Large borrowers return to bank fold, help credit growth

The Reserve Bank of India data showed that bank loans taken by large corporations grew 3.3% year-on-year in June, which is the highest growth since the outbreak of Covid-19. Same time last year, large corporate loans shrank by 3.4% as compared to what it was in the year back.

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

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