Bank credit to grow in double digits in FY'23: Report

Wholesale credit growth would be supported by demand shift from debt capital market to bank credit, in a rising yield scenario as was seen in FY'2019 Icra said and it expects outlook for banks to be ‘Stable’ in FY2023, based on continued improvement in earnings driven by improved credit growth.

from Banking/Finance-Industry-Economic Times https://ift.tt/ibk675J