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Credit growth to be brisk in coming months: FM

Finance Minister says that the productive sectors of the economy should not be denied credit.

Published on: Nov 06, 2006 01:32 PM IST
None | By , Reuters
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Credit growth is likely to be brisk in coming months and banks should rebalance their portfolios, Finance Minister Palaniappan Chidambaram said on Monday.

HT Image
HT Image

"I have asked banks to rebalance their portfolios," Chidambaram told a banking conference.

"We must ensure the productive sectors of the economy are not denied credit."

 
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.
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