New Delhi, March 3 -- After witnessing a downward trend since April 2024, credit growth in India has shown signs of recovery, rising to 11.4 per cent in January 2025, compared to 11.2 per cent in December 2024, according to a report by Anand Rathi Research.
This indicates an improvement in lending activity, signalling a revival in economic momentum.
The report said "After being on a downtrend since Apr'24, credit growth has started to rebound, expanding at 11.4 per cent in January 2025."
A similar trend was observed in deposit growth, which increased to 10.3 per cent in January 2025, after declining in December. This growth was mainly driven by a rebound in demand deposits and time deposits, which expanded to 6.6 per cent and continued...
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