Bank credit is an important factor illustrative of the general economic climate because it denotes aspects like the investments which are happening in a country or consumption of high-value items. Crisil expects a 5 per cent contraction in India's GDP for 2020-21.source https://economictimes.indiatimes.com/industry/banking/finance/banking/bank-credit-growth-will-nosedive-to-1-pc-due-to-covid-19-impact-crisil/articleshow/76262350.cms
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