Moneycontrol
Last Updated : Dec 07, 2018 06:19 PM IST | Source: Moneycontrol.com

3 Point Analysis | Will the current credit growth sustain?

Sakshi Batra does a 3 point analysis of the current credit growth vis-à-vis nominal GDP growth and what’s the outlook going forward.

Moneycontrol News @moneycontrolcom

Credit growth has improved to the highest in five years. While the Industry credit is sluggish but is expanding.

The latest credit growth is broad-based with credit to services continuing to lead the growth, increasing by 27 percent YoY.

Credit to NBFCs has also grown by a whopping 56 percent.

Sakshi Batra does a 3 point analysis of the current credit growth vis-à-vis nominal GDP growth and what’s the outlook going forward.

First Published on Dec 7, 2018 05:52 pm
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant