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Thursday, July 2, 2020

Bank credit grows 6.18%, deposits 11%: RBI data

Rating agency Crisil in a recent report said bank credit growth is likely to nosedive to a multi-decadal low of 0-1 per cent in 2020-21 as economic activity is sharply impacted by the COVID-19 pandemic.

from Banking/Finance-Industry-Economic Times https://ift.tt/2YSDKhe

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