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    HomeNewsOpinionBank credit growth has slowed, but there’s no reason to worry

    Bank credit growth has slowed, but there’s no reason to worry

    While growth in bank credit outstanding has slowed this year compared to 2022, it’s still well above growth during the pre-pandemic initial months of FY20 and FY19

    Manas Chakravarty
    September 04, 2023 / 08:29 IST
    Bank advances shot up sharply as the economy recovered from the effects of the pandemic in 2022 and what we’re seeing now is just a normalisation of growth
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