Bank credit and deposit growth in India slowed in the October-December quarter of 2024. Notably, personal loans and credit to key sectors saw a decline, while public sector lending picked up. Term deposits grew significantly, driven by higher interest rates and large-value deposits. Post navigation Elon Musk-led Tesla’s India entry: Modi government’s new EV policy may help cos like Tesla test waters Supertech realty projects: Supreme court stays NCLAT’s order, invites alternatives from stakeholders
