💨 Abstract

Bank credit growth rose by 11.1% YoY as of March 7, but at a slower pace than last year, according to a CareEdge Ratings report. Credit offtake increased marginally, while deposit growth slowed. Total bank deposits reached Rs 225.1 lakh crore, growing by 10.2% YoY, lower than the previous year.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖