Banks gear up for a festival boost to loan, profit growth

As per the latest data released by the Reserve Bank of India, credit growth continued its strong upward run with a 15.1% increase year-on-year, the fastest since April 2019, in the fortnight ended July 29. The bulk of the growth has been driven by retail loans - home loans and personal - while corporate demand is also showing signs of revival.

from Banking/Finance-Industry-Economic Times https://ift.tt/W5L6Yqi