Slowdown in bank lending may bottom out this fiscal: Crisil

Bank loan may grow at about 6 per cent this fiscal, the rating firm said. "A gradual pick-up in economic activity, continuing demand for retail loans, and strong growth in lending by private sector banks should drive the uptick," it said in a note published on Tuesday. The corporate lending is expected to remain subdued in fiscal 2020 and thereafter, may witness a slight uptick.

from Banking/Finance-Industry-Economic Times https://ift.tt/32p2hux