Rate Hikes May Moderate Credit Growth, but Unlikely to Impact Economic Expansion: RBI

Rate hikes may moderate credit growth, but unlikely to impact economic expansion: RBI

The surplus systemic liquidity will not last for long, transmission in the deposit rates will also eventually happen: RBI Guv Malhotra

Credit growth may ease after rate hike but remain strong: RBI

The Reserve Bank of India projects a moderation in bank credit growth from the current 19% level. This expected slowdown results from a recent repo rate increase implemented to manage rising inflation. Despite the decrease, it is anticipated that growth will remain strong enough to support overall economic activity. Lending to sectors like services and industry shows significant year-on-year growth, reflecting resilient demand.

India’s Growth Momentum Remains Strong As NBFCs Navigate Tighter Financial Conditions

By  Mr. George Alexander Muthoot, Executive Vice Chairman, Muthoot Finance. “The RBI’s policy action reflects an important shift in the macro environment: inflation risks have become less benign, but India’s underlying growth momentum remains strong. [...] The post India’s Growth Momentum Remains Strong As NBFCs Navigate Tighter Financial Conditions appeared first on Business News This Week.

Rate hikes unlikely to dent economic expansion: RBI

Hiking of interest rates may lead to moderation in banks' credit growth from the present levels of over 18 per cent, but it is unlikely to impact broader economic expansion, the Reserve Bank said on Wednesday.

25-basis-point repo rate hike unlikely to impact economic expansion, says RBI Governor  - Press Network of India

The Reserve Bank of India (RBI) today said the recent 25-basis-point repo rate hike could moderate bank credit growth, which is currently above 18 per cent, but is unlikely to have a significant impact on overall economic expansion. RBI Governor Sanjay Malhotra said credit growth is expected to remain strong and continue supporting economic activity, […]