Banks' credit growth to be subdued: ICRA
Financial Express Kolkata|January 03, 2025
ICRA HAS REVISED downwards its credit growth estimate to 10.5-11% for the current financial year from the earlier 11.6-12.5%.

In its recent report, the credit rating agency said that with the banks focusing on reducing their credit-to-deposit (CD) ratio and reducing their exposure to unsecured retail and NBFCs, the overall credit growth has moderated in the past few months.

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