credit growth

Credit growth, which has been lagging deposits for years, turned buoyant in the third quarter of this fiscal by a wide margin at ₹3.5 lakh crore as against a steep ₹2.2 lakh crore decline in deposits, pointing to corporates’ plans for…

MUMBAI: Bank credit to businesses and individuals slowed to a four-year low of 4.9% in FY21, down from 6.8% in FY20 due to the pandemic. Credit growthduring the year was, however, higher than forecasts made last year when many expected…