Rating agency Crisil in a recent report said bank credit growth is likely to nosedive to a multi-decadal low of 0-1 per cent in 2020-21 as economic activity is sharply impacted by the COVID-19 pandemic.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/bank-credit-grows-6-18-deposits-11-rbi-data/articleshow/76752778.cms
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