slows - Wander City

Bank credit growth slows to 11% from over 20% in year – Times of India

alishpagda08@gmail.com7 months ago04 mins

MUMBAI: Bank credit growth has slowed to 11.1% as of Nov 15, 2024 compared to 20.6% last year. Even after adjusting for the HDFC-HDFC Bank merger, growth remains slower at 12.4% versus 16.2% in 2023. There has also been a slowdown in deposit growth, albeit to a lesser extent. Compared to 13.6% deposit growth in…

India Q2 GDP Growth 2024 Live Updates: India’s GDP growth slows to seven quarter low of 5.4% – The Times of India

alishpagda08@gmail.com7 months ago01 mins

GDP Growth 2024 Live: Growth to remain subdued in coming quarters? “We expect growth to remain subdued over the next few quarters as household consumption moderates and investment growth eases in an environment of still-high interest rates. But the economy is not going to crater,” said Harry Chambers, Assistant Economist, Capital Economics. “In terms of…