Economy

With deposits outpacing appetite, exports & tariffs hold key to credit revival

After reaching 2.74% in the current cycle in December 2023, India’s banking system loan growth since March 2022 was 9.4% till 27 June. Deposit growth reached 14.04% mid -December 2023. For a large part of FY25, banks were pursuing deposits with special schemes, as the deposits failed to match the credits demand. Now, despite the […]