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Banks gear up for a festival boost to loan, profit growth | Economic Times

Banks gear up for a festival boost to loan, profit growth https://ift.tt/SHRvtiq per the latest data released by the Reserve Bank of India, credit growth continued its strong upward run with a 15.1% increase year-on-year, the fastest since April 2019, in the fortnight ended July 29. The bulk of the growth has been driven by retail loans - home loans and personal - while corporate demand is also showing signs of revival.
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