banking sector challenges India

Indian banks to undergo around 12.5% credit growth in 2024-25: HSBC – Times of India

January 3, 2025 0

Indian banks are expected to achieve a credit growth of 12.5 per cent in the financial year 2025, according to a report by HSBC Securities and Capital Markets (India) Private Limited published on Friday. However, the report also cautioned that a slowdown in GDP growth could pose risks, keeping credit expansion range-bound in 2024-25.The report further highlighted several challenges, “Multiple …