📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      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.

      Practice Next
      More Beepedia Questions

      Relevant for Exams:

      ask-question