Care Ratings: Private Sector Bank Spreads At Elevated Levels

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Care Ratings Research Report

The impact of the Covid-19 pandemic has been rampant globally negatively affecting lives and livelihood across the board. Global economic growth has been disrupted.

The Reserve Bank of India has taken several measures to support the economy and unlock credit delivery, including rate cuts.

The overall credit growth in the banking sector has continued to moderate due to the rise in risk aversion in the banking system and continued parking of excess liquidity with RBI.

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