Bank credit growth will nosedive to 1 per cent due to COVID-19 impact: Crisil

Bank credit is an important factor illustrative of the general economic climate because it denotes aspects like the investments which are happening in a country or consumption of high-value items. Crisil expects a 5 per cent contraction in India's GDP for 2020-21.

from Banking/Finance-Industry-Economic Times https://ift.tt/3f2B6us