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Incremental credit slows down until mid-June

By Economic Times - 3 months ago
Incremental loans increased Rs 2.79 lakh crore or 1.7 % this fiscal year up to June 14 compared to Rs 3.48 lakh crore or 2.5 percent a year ago reflecting a slowdown in credit demand for investments as well as working capital needs- and indicator of level of economic activity.

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