Slowing Bank Lending Overshadows Economic Rebound Hopes: Report

Slowing Bank Lending Overshadows Economic Rebound Hopes: Report

While some major non-banking financial companies (NBFCs) have been going slow on lending, others stopped completely.

Banking & Financial Services | | Updated: October 16, 2019 16:24 IST
Slowing Bank Lending Overshadows Economic Rebound Hopes: Report

Lending growth by banks had nearly halved to 8.8% at the end-September from the start of the year.