India's private banks hold on to loan growth target despite growing headwinds

Indian private banks anticipate that loan growth will remain in the "high teens" over the next fiscal year, despite challenges in raising deposits and increased capital requirements set by the Reserve Bank of India (RBI). While the RBI raised capital requirements for personal loans and credit cards, banks, including Kotak Mahindra Bank and IndusInd Bank, plan to maintain robust loan growth.
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