Friday, March 1, 2019

Bank credit growth till January healthy, driven by retail loans and lending to NBFCs

Bank credit growth till January healthy, driven by retail loans and lending to NBFCs While the banking system credit growth has gradually inched up to mid-teens, nominal GDP growth (a sum of real GDP growth and inflation) has trended downwards in the recent quarter to around 9 percent

from Moneycontrol Business News https://ift.tt/2TtwXc8

No comments:

Post a Comment

US stock: S&P 500 ends lower as investors weigh data, Middle East tensions

The S&P 500's streak came to an end, falling from its peak as weaker retail sales suggested caution among consumers. Despite a stron...