Bank lending growth in FY’25 until February slowed to 10.9% from last year’s 20.6% due to a decline in retail and NBFC loans, according to RBI data. Credit to the services sector grew by 13%, while industry credit growth was 7.3% in the same period.
Double cheer continues for India Inc in Q4 profit growth
Corporate India’s net profit surged in the March quarter, driven by reduced non-operating costs, while revenue growth remained moderate. Excluding banking and finance, profit growth
June 2, 2025