Credit growth far away from being considered as 'exuberant', says RBI Governor Shaktikanta Das
The present credit growth is far away from being considered as "exuberant" and there is no "big gap" between the credit growth and deposit accretion when looked at the absolute numbers, RBI Governor Shaktikanta Das said on Wednesday.
For the fortnight ending December 2, the system reported a credit growth of 17.5 per cent while the deposit growth has been trailing at 9.9 per cent.