Bank credit growth continues to lag with loans outstanding yet to reach end-March 2020 levels even as deposits continue to surge, growing 5% during the current fiscal up to September 11. This is likely to keep deposit rates under check despite the RBI holding back on rate cuts due to rising inflation.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3367BVq
Post a Comment