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    Question

    According to the RBI’s report, what was the growth of

    the credit sector excluding the impact of the HDFC Ltd.–HDFC Bank merger?
    A 12.7% Correct Answer Incorrect Answer
    B 10.5% Correct Answer Incorrect Answer
    C 9.8% Correct Answer Incorrect Answer
    D 13.5% Correct Answer Incorrect Answer
    E 11.9% Correct Answer Incorrect Answer

    Solution

    Excluding the impact of the HDFC Ltd.–HDFC Bank merger, credit growth rose by 12.7% Year-on-Year (Y-o-Y), surpassing the deposit growth of 11.9% Y-o-Y, indicating a strong demand for credit.

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