Credit growth in the banking system is expected to moderate to 12.1-13.2% in the current fiscal, down from 15.4% in the previous year, according to rating agency Icra. The agency also predicts a decrease in the Gross Non-Performing Assets (GNPA) ratio to 2.8-3% by March 2024.
from Banking/Finance-Industry-Economic Times https://ift.tt/SlKQMaO
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