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India's Bank Credit Growth Projected to Remain Positive: Report
July 5th, 2022 - 08:38 GMT

India's Bank Credit Growth Projected to Remain Positive: Report

The outlook for India's bank credit growth, which has witnessed modest growth in recent years, is expected to remain positive due to slew of factors such as economic expansion, rise in government and private capital expenditure, rising commodity prices, implementation of production-linked incentive schemes, and the push in retail credit, according to a report by rating agency CareEdge. The prospects in the medium term look promising with diminished corporate stress ...
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