Is Credit Growth Really That Low In India? No, Says Nomura
Indian five hundred rupee banknotes are arranged for a photograph in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Is Credit Growth Really That Low In India? No, Says Nomura

One of the big mysteries (and there are many) in the Indian economy currently is the persistently low credit growth, which fell further after the government’s demonetisation drive in November.After...
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