Wednesday, June 2, 2021

Credit to pick up, slippages to slide in FY22: Bank of Baroda CEO Sanjiv Chadha

Last year GDP growth was negative. This year even if there is a correction from the initial double digit estimates for real GDP, norminal growth will be 13% to 14% which will have some implications on credit growth. We are looking at a loan growth of 7% to 10% compared to 5% last year. he said.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/credit-to-pick-up-slippages-to-slide-in-fy22-bank-of-baroda-ceo-sanjiv-chadha/articleshow/83175549.cms

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