Credit to pick up, slippages to slide in FY22: Bank of Baroda CEO Sanjiv Chadha

Last year GDP growth was negative. This year even if there is a correction from the initial double digit estimates for real GDP, norminal growth will be 13% to 14% which will have some implications on credit growth. We are looking at a loan growth of 7% to 10% compared to 5% last year. he said.

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