Question
Consider the following statements about the banking sector's performance in FY24 and FY25: 1. Crisil forecasts a 14% credit growth for the banking sector in FY25, which is a decline from the previous year. 2. Deposit growth was projected to surpass credit growth in FY25. 3. The slowdown in credit growth in FY25 is partially attributed to the RBI's higher risk weights on unsecured loans. Which of the statements is/are correct?
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