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Bank credit growth lowest in 18 years as companies borrow less

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Bank credit growth lowest in 18 years as companies borrow less Empty Bank credit growth lowest in 18 years as companies borrow less

Post by confuzzled dude Wed Apr 15, 2015 8:20 pm

MUMBAI: Bank credit growth dropped to a 18-year low while deposit growth fell to a 19-year low in 2014-15 with fresh investment proposals from corporates drying up completely and projects announced in the past remaining stuck because of legacy issues. Credit growth would have been substantially lower had it not been for the smart pick-up in personal loans.
http://timesofindia.indiatimes.com/business/india-business/Bank-credit-growth-lowest-in-18-years-as-companies-borrow-less/articleshow/46939402.cms

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