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Banks may have to slowdown loan growth in FY25: S&P

By Economic Times - 5 months ago
S&P Global Ratings forecasts robust credit growth, profitability, and asset quality for Indian banks in FY25, yet warns of potential slowdown in loan growth due to tepid deposit growth. Loan-to-deposit ratios are deteriorating, urging banks to align loan growth with deposits to maintain profitability amid higher wholesale funding costs.

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