Indian banks to see range-bound 12.5% credit growth in 2024-25: HSBC
New Delhi [India], January 3 (ANI): Credit growth of Indian banks are expected to witness a range-bound 12.5 per cent growth in the current financial year 2025, HSBC Global Research said in a report, attaching a rider that slowdown in GDP growth remains a downside risk.
HSBC Securities and Capital Markets (India) Private Limited, in the report dated January 2, said it expects 2024-25 credit growth to remain range-bound.
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