Home Business Repo Rate Cuts Boost Credit Demand…!!

Repo Rate Cuts Boost Credit Demand…!!

By
Business Editor - Nikhil Bhatt
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55
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In a low interest rate environment, credit demand in the banking sector is accelerating, while deposit growth remains comparatively slower. As a result, banks may face increased pressure to raise funds going forward. According to the latest RBI data, for the fortnight ended November 28, credit growth stood at 11.42%,

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