Borrowing’s alright, but investing needs a push

Sep 05 2014, 04:43 IST
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SummaryHousing and infrastructure, which are strategic to the new government’s political and economic agenda, will be the key growth drivers for loan growth over the next few years.

Housing and infrastructure, which are strategic to the new government’s political and economic agenda, will be the key growth drivers for loan growth over the next few years. A report by Deutsche Bank says loans from the banking system would grow at a CAGR of 19% over FY14-20 and, by 2020, India’s credit-to-GDP ratio would rise to 73% from 55% currently. However, the share of financial savings in total savings needs to rise fast.Click here for graph

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