💨 Abstract

Banks' credit growth slowed to 12% in February 2025, compared to 16.6% the previous year, due to regulatory tightening and a shift towards secured loans. Personal loans, loans to services, and loans to NBFCs saw significant declines. Gold loans, however, saw strong growth due to increased gold prices. Credit is expected to continue moderating this year, with banks focusing on increasing their deposit base to manage liquidity.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖