Indian banks' loan growth drops for fifth month in November as tighter lending rules weigh

By Yahoo! Finance   |   3 days ago
Indian banks' loan growth drops for fifth month in November as tighter lending rules weigh

Indian banks' loan growth slowed for a fifth consecutive month in November, with a 11.8% year-on-year increase. The Reserve Bank of India's measures to control risky lending, particularly in personal loans and credit cards, have contributed to this moderation.

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