Bank credit growth to moderate as firms tap bonds
Synopsis Bank credit growth is expected to moderate gradually in the upcoming fiscal year. Large corporations will increasingly use domestic bond markets and overseas borrowings
Synopsis Bank credit growth is expected to moderate gradually in the upcoming fiscal year. Large corporations will increasingly use domestic bond markets and overseas borrowings for funding.
The Reserve Bank of India's policy measures make external funding more attractive for businesses. This shift will reduce reliance on traditional bank loans for corporate
financing needs. Overall credit demand remains healthy, but banks will finance a smaller share.
The BriefWire