credit growth

SBI Report: Bank Credit Growth Surges Ahead Of Deposits

A research report by the State Bank of India (SBI) highlights the continuous upward trend in credit growth in Indian banks, which is outpacing the growth of deposits. This trend persists even as Indian households have substantially increased their investments in mutual funds and equities. For the last several months,...

India’s Credit Growth Set To Outpace Nominal GDP This Fiscal: SBI Capital Markets

Credit growth in the Indian banking sector is expected to exceed nominal GDP growth in the current financial year 2024-25, growing at 13-15 per cent, according to SBI Capital Markets. Nominal gross domestic product (GDP) is growth, without adjustment for inflation. The growth according to the report would be amplified...