Credit-deposit growth convergence observed amid higher base effect and RBI measures
Credit offtake, at ₹175.1 lakh crore, grew by 10.6%, down from last year’s 20.6%, while deposits expanded to ₹220.2 lakh crore, marking a 10.7% YoY increase.
Credit offtake, at ₹175.1 lakh crore, grew by 10.6%, down from last year’s 20.6%, while deposits expanded to ₹220.2 lakh crore, marking a 10.7% YoY increase.
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The Federation of Economic Development Association of India (F.E.D.A) holds the distinction of being India's most venerable umbrella organization. F.E.D.A focused on promoting economic growth in India. Economic development professionals throughout the state, along with individuals and companies in related economic development fields, work together with the F.E.D.A Members and Board of Federation to help positively influence country legislation and industrial growth. With cutting edge policy research and advisory to National and State governments on trade issues. F.E.D.A is one of the leading non-profit organizations with established credentials for enhancing economic development.