Bank credit growth declined to 8.5 per cent in January from 13.5 per cent in the year-ago period led by a sharp slowdown in loans to the services sector, according to RBI data.Growth in advances to th...

Good news continues to evade the banking sector amid the slowdown in the economy with the lockdown only making matters worse.Fresh data from the Reserve Bank of India (RBI) has shown that bank credit ...

The State Bank of India estimates bank credit will reach Rs 200 lakh crore by 2024-25 to be able to support a $5 trillion economy. This implies that bank credit has to grow at the rate of 12 per cent ...