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Banks are not worried about low retail loan business

Banks are not worried about low retail loan business

Friday, March 3, 2017, 3:59 PM

As per the Reserve Bank of India data, the retail loan growth in November reduced to 15.3% from 18% on a year on year basis. Similarly, December growth in the segment further dropped to 13.5% from 18.5% . Banks reeling from the demonetization impact, have struggled to offer retail loans during the three months beginning November, 2016.
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