Budget 2023: Six ways to accelerate India's credit growth pace

Union Budget 2023: While credit growth till October this fiscal has been 8.4%, retail and corporate lending is expected to be robust in the fourth quarter, which should lead to full-year estimated credit growth of 13-15%. That compares with ~8% compound annual growth rate between fiscals 2017 and 2022. In the milieu, a few facilitations in the Union Budget for next fiscal will help the sector be more supportive of macroeconomic growth.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/budget-2023-six-ways-to-accelerate-indias-credit-growth-pace/articleshow/96901123.cms