Credit Growth for Banks to Moderate to 12% in FY25: Icra
Ratings agency Icra estimates the incremental bank credit growth to slow down to Rs 19-20.5 lakh crore in 2024-25, around 12 per cent Year-on-Year (YoY) growth, compared to Rs 22.3 lakh crore, or 16.3 per cent rise, in the previous fiscal.
Ratings agency Icra estimates the incremental bank credit growth to slow down to Rs 19-20.5 lakh crore in 2024-25, around 12 per cent Year-on-Year (YoY) growth, compared to Rs 22.3 lakh crore, or 16.3 per cent rise, in the previous fiscal.
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