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Banks credit growth in FY25 to slow down to 14% on lower GDP uptick, RBI measures: Crisil : comparemela.com
Banks' credit growth in FY25 to slow down to 14% on lower GDP uptick, RBI measures: Crisil
The slowdown will be due to lower GDP growth at 6.8 per cent in FY25, as against 7.6 per cent in FY24, RBI measures like higher risk weights on unsecured loans and also a high base, the agency said.
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