Credit growth to slip 200 bps to 14% in FY25 on revision in risk weights, slower GDP growth: CRISIL

Economy Business

Bank credit growth is likely to decelerate by 200 bps to 14 percent on year this fiscal primarily because of the economy losing its sheen this fiscal, partly due to a high base, says a report. Strong economic activity and retail credit demand drove loan growth last fiscal to a robust 16 percent. This fiscal, however, growth will be tempered by the high base effect, a revision in risk weights and a slower economy.


     

     

     

 

     


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