Bank lending could remain subdued despite low rates

The addition in deposits at Rs.13.4 lakh crore over last 12 months ended May 21, 2021, was more than double the Rs. 6.1 lakh crores of credit outstanding during the same period data from the RBI shows. While demand may be muted, banks are also unwilling to cater to the lesser rated credits to avoid future bad loans.

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