Credit growth hits 11-year high driven by despite rising interest rates, personal loans demand strong

Driven by strong demand for personal loans, NBFC growth and liquidity crunch, credit offtake grew by 15 per cent yoy in India in March. With this, India witnessed the sharpest rise in borrowings in last eleven years

from mint - News https://ift.tt/ZkyFqoc
https://ift.tt/vIUEBsQ