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India's Credit Expansion and the Risk of a 'Minsky Moment'
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#79ab083b ver:0.17

S&P Global Ratings and Morgan Stanley raise India's GDP growth forecast for FY25 to 6.8%, while ADB projects 7% growth. World Bank adjusts India's growth rate to 7.5% in 2024. Concerns over credit expansion and risk of a 'Minsky Moment' due to unregulated credit growth. RBI takes measures to address rapid expansion of consumer credit. #India #GDPgrowth #economicforecast #creditexpansion #financialstability...

#newstr #CreditExpansion #FinancialStability #GdpGrowth #Rbi

https://here.news/story/79ab083b?ver=0.17