Loan growth News
With higher loan growth rate of 23 percent over almost the past five years and low delinquency rates of under 1 percent, the affordable housing segment offers strong growth opportunities for lenders, says a report.
The Asian Development Bank (ADB) operations exceeded the $30 billion mark for the first time in its 50-year history as regional demand for development finance and knowledge continues to grow, a report said on Tuesday.
India will inject 229.15 billion rupees ($3.41 billion) in 13 state-run banks to help shore up the cash-strapped lenders and revive loan growth that has hit a two-decade low.
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