India's loan-taking to grow faster than GDP growth this year: SBI Capital Markets
July 7, 2024 4:31 PM IST
India's 13-15% projected growth in credit is due to economic growth, formalisation, digitalisation, and premiumisation.
Credit growth in the Indian banking sector is expected to exceed nominal GDP growth in the current financial year 2024-25, growing at 13-15 per cent (Google/CollegeVested)
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