The Reserve Bank of India (RBI) is expected to maintain its policy rate during its upcoming meeting next week, as GDP growth slowed significantly in the second quarter of FY25. However, the likelihood ...
If higher cost of credit inhibits credit offtake, how should we explain the uptick in credit growth of 15 percent in 2022-23 and 20 percent in 2023-24, post the RBI’s policy rate hike of 250 basis ...