Banks report high credit growth with Indian economy showing stability

Bank of Maharashtra said that its gross advances grew nearly 22% year-on-year to Rs 1.57 lakh crore, while privately owned Federal Bank reported 19% rise to Rs 1.71 lakh crore. Smaller lenders such as South Indian Bank, CSB and Dhanlaxmi too reported high credit growth numbers a day before indicating that credit demand has been quite broad based.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-report-high-credit-growth-with-indian-economy-showing-stability/articleshow/96712537.cms