Even though large industries showed a lag in credit uptake, bank credit grew by 23% in 2023, marking a robust expansion in India's dynamic financial landscape. Our latest report 'EY Private Credit Report H2 2023' throws light on the growth journey of credit distribution within the growing economy. The report further highlights low leverage levels across industries, suggesting a strategic shift towards more robust capital investments. To delve deeper into the insights on the trends in India's private credit sector, click the link to read the report: Bharat Gupta #BetterWorkingWorld #PrivateCredit #RealEstate
Impressive insights on the growth of bank credit in India! Your report sheds valuable light on the transformation in credit distribution trends, demonstrating a strategic shift towards more sustainable capital investments.
The 23% growth in bank credit in 2023, as highlighted in EY's 'EY Private Credit Report H2 2023,' underscores the resilience and dynamism of India's financial sector. It's particularly interesting to note the low leverage levels across industries, indicating a cautious yet optimistic approach to capital investments. This report provides valuable insights for stakeholders looking to understand the nuances of India's credit landscape and its implications for future investment strategies.