09

Apr

Your money: Loan growth showing signs of moderation

Loan growth for the industry has declined to 12% in 1QFY20 compared to 15% last quarter due to deceleration in retail demand, slowdown in auto loans and two-wheelers has led to slightly moderated growth trends 1QFY20. Loan growth for the private sector under coverage was strong at 17% y-o-y, higher than industry average but lower than that […]