Bank loans to moderate to 25 year low at 8-8.5 per cent in FY'20: Report

Icra has forecast that non-food credit growth will slow down to 8 to 8.5 per cent during FY'20 from 13.3 per cent in FY’19, as fresh loans during the year have been very low. The ratings firm also expects bond market to grow at a slower pace as they remain risk averse towards NBFCs.

from Banking/Finance-Industry-Economic Times https://ift.tt/2WDd8OC