Credit offtake continues to rise but at a slower pace as compared to last year. As of March 7, total bank credit stood at Rs 181.3 lakh crore, reflecting an 11.1 per cent year-on-year (YoY) growth says a report by CareEdge Ratings
Mumbai (Maharashtra) [India], Aug 19 (ANI): The recently announced loan restructuring guidelines for COVID-19 related stress will provide banks with an opportunity to keep viable accounts as standard in their books, India Ratings and Research (Ind-Ra) said on Wednesday.