So the growth in the bank credit is not going to corporates, manufacturing or infrastructure sector. It is actually going to the individuals which is actually getting leveraged. So I do not see this as a very strong growth indicator.
Tariff shock turns FIIs to sellers in April. Analysts flag global risk but back India’s fundamentals
Foreign institutional investors reversed course in early April, spurred by rising global trade tensions following US President Trump’s announcement of steep tariffs. This led to