Question
What is the expected loan book growth rate for the
banking sector in FY25?Solution
The expected loan book growth for the banking sector in FY25 is 11.7-12.5%, compared to 16.3% in FY24.
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 Assertion (A): Demonetization in 2016 significantly increased India’s GDP growth rate.
Reason (R): Demonetization led to the formalization of t...
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