Lending growth stays in slow lane despite June rate cuts
Mumbai: Bank landing in India remains despite a decrease in policy rates this year. A year ago, compared to 19.1%, there was an increase of 9.6% year-on-year by mid-June. Loans for loans to large corporates, home loans and NBFCs remain soft. Credit to larger corporations increased by 1 % in May compared to 7.1 % […]
