Sun, Jul 02, 2017
The first month of the new fiscal year failed to cheer banks with non-food credit growing at a moderate 4.5 per cent to Rs 68,48,900 crore in April from Rs 65,51,500 crore a year ago, pulled down by a 1.4 per cent contraction in industrial credit demand, shows RBI data.
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Mon, Jan 30, 2017
ICRA has projected India's credit growth to remain at similar levels in the range of 5% to 6% in FY17 on the back of muted credit demand.
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