Retail Credit Growth Moderates in Q4 as Festive Momentum Fades

Retail Credit Growth Moderates in Q4 as Festive Momentum Fades

Retail credit growth in the Indian banking sector decelerated during the fourth quarter of the fiscal year, signaling a cooling trend following the high-octane consumption observed during the preceding festive season. According to recent industry reports, banks and non-banking financial companies (NBFCs) recorded a noticeable slowdown in loan disbursements, as the initial surge in consumer…

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