Bank Loans Exceed Rs 9 Lakh Crore; Financial Institutions Under Pressure to Secure Additional Funds.
Mumbai: Bank borrowing via market instruments has surged to a record high, exceeding ₹9 lakh crore. This significant increase has caught the regulator’s eye, as the ongoing faster growth of credit compared to deposits forces lenders to seek alternative sources of funding.” “Data released by the RBI on a biweekly basis indicates that as of … Read more