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MARCH BANKING TRENDS: BUSINESS LOANS BOOM, PERSONAL LOANS SLOW AFTER HDFC MERGER
The Business Guardian
|May 07, 2024
Business loans boom, personal loans slows down: March banking trends after HDFC merger. According to CareEdge Ratings, gross bank credit
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In March 2024, India's banking sector saw a significant rise in gross bank credit, fueled mainly by increased lending to businesses, although there was a slight deceleration in personal loans compared to the previous year. CareEdge Ratings reported a 20.2 percent year-on-year surge in gross bank credit off-take in March 2024, largely credited to the merger of HDFC Bank and HDFC Ltd.
Esta historia es de la edición May 07, 2024 de The Business Guardian.
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