CareEdge Ratings estimates bank credit growth in India to be in the range of 14-14.5 per cent in financial year 2024-25. In current financial year 2023-24, credit offtake is anticipated to close with a growth of around 16 per cent excluding the HDFC merger.
New Delhi [India], October 9 (ANI): Industry leaders said on Friday the Reserve Bank of India (RBI) has taken several measures to boost growth without cutting key interest rates in view of evolving growth-inflation dynamics.