Corporates' capital outlays, banks' credit offtake to gain traction: IDBI’s Dy MD on MPC’s move
Monetary tightening over the recent past had seen corporates turn cautious in their approach towards drawing up capital outlay plans. These plans will now see a better traction, which eventually also augurs well for the banking industry as well. A higher credit off take portends a stronger growth scenario for the industry.
Monetary tightening over the recent past had seen corporates turn cautious in their approach towards drawing up capital outlay plans. These plans will now see a better traction, which eventually also augurs well for the banking industry as well. A higher credit off take portends a stronger growth scenario for the industry.
