Across most of Asia, muted big-ticket consumer expenditure — such as on housing — and restrained capital expenditure by firms have led to only a mild post-pandemic recovery in credit, which makes India’s double-digit loan growth a notable exception, according to economists at Australia & New Zealand Banking Group Ltd.source https://economictimes.indiatimes.com/industry/banking/finance/banking/view-indias-banks-have-it-all-except-caution/articleshow/99829334.cms
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