Credit growth to the services and personal loans segments also moderated to 5.9 per cent and 8.8 per cent, respectively | Photo Credit: FRANCIS MASCARENHAS The Economic Survey attributed the ...
Private sector credit growth decelerated to its slowest pace in at least 11 years due to uncertainty in the investment environment following the recent political changeover. In December last year ...
Credit growth in the banking system's will moderate to 12.1-13.2 per cent in the current fiscal from 15.4 per cent in the year-ago period, a domestic rating agency said on Thursday. Asset quality ...
This has led rating agency Icra to revise down its forecast for credit growth to 10.5-11% for FY25 from its earlier estimate of 11.6-12.5%. The agency also sees the slump continuing into the next ...
said the enhancement in credit through KCC will facilitate short term loans for 7.7 crore farmers, fishermen, and dairy farmers | Photo Credit: DHIRAJ SINGH Bank credit could get a fillip over the ...
An analysis by ThePrint has found that credit growth remained high and in double digits regardless of high interest rates. What made an impact were the RBI’s non-repo rate actions, such as ...