The RBI is comfortable with current credit growth at 1x GDP. Governor Malhotra indicated that high growth rates can negatively affect asset quality. He remains optimistic about the economy’s stability, particularly in secured loan segments, despite minor concerns in unsecured loans.
The RBI is comfortable with current credit growth at 1x GDP. Governor Malhotra indicated that high growth rates can negatively affect asset quality. He remains optimistic about the economy’s stability, particularly in secured loan segments, despite minor concerns in unsecured loans. by Soban News (international And National News)
