Credit demand may almost double to 9-10% in FY22: Report

While bank credit growth had contracted 0.8 per cent in the first half of this fiscal, it recovered sharply in the third quarter by growing 3 per cent sequentially. In the fourth quarter, too, it should clock 3 per cent sequential growth, Krishnan Sitaraman, a senior director at Crisil said on Monday.

from Economy-News-Economic Times https://ift.tt/3bKiQ9g