RBI clampdown on firms may limit credit growth in 2024-25: S&P Global
S&P Global credit analyst Geeta Chugh said: “India’s regulator has underscored its commitment to strengthening the financial sector.”
S&P Global credit analyst Geeta Chugh said: “India’s regulator has underscored its commitment to strengthening the financial sector.”
The report further said that the State Bank of India and the leading private-sector banks have largely addressed their asset-quality challenges.
The rating agency also revised downward its assessment of the stand-alone credit SACP of Indian Bank by one notch to 'bb+'.
