Economic Survey 2022-23: Credit growth likely to be brisk in FY24
Credit to MSMEs has seen a significant increase in part assisted by the introduction of the Emergency Credit Line Guarantee Scheme (ECLGS), says Economic Survey.
credit offtake
January 2023
December 2022
Budget 2023: The hidden trap in India’s consumer loan surge
‘Personal loans’, rather than credit to agri, industry, and services, remains at the top and drive credit offtake, which needs to be corrected to avoid low-middle income trap and stalling growth
Bank Credit in a Sweet Spot
As credit offtake improves due to growing corporate interest and optimism around GDP growth, the banking sector is set to reap the riches.
