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CREDIT GROWTH TO SLOW TO 14% DUE TO RISK WEIGHTS, GDP

Why in the news? Bank credit growth in FY25 is projected to slow to 14% from 16% in FY24. The slowdown is attributed to a high base effect, revised risk weights, and a deceleration in GDP growth, according to CRISIL Ratings. source:medium About Credit Growth: Credit growth is the expansion of loans to individuals or …

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