Is Strong Retail Credit Growth A Myth, Asks Crisil
Employees work in the loan clearing department at a HDFC Bank branch in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Is Strong Retail Credit Growth A Myth, Asks Crisil

While consumer spending has slowed, growth in retail borrowings has remained robust. How is that?The question was raised by ratings agency Crisil Ltd., in its ‘Quicknomics’ research on Tuesday. Cri...
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