It also anticipates another rate cut of 50 bps during the fiscal year 2025, as the central bank aims to manage inflation and support economic growth
Read More
In the financial year 2023, all scheduled commercial banks registered the highest absolute growth in deposits and credit since 1951-52. Deposits grew by Rs 15.7 lakh crore and credit by Rs 17.8 lakh crore, pushing the incremental credit-deposit ratio to 113 per cent
Read More
