State-run bank chiefs see credit growth holding firm despite margin pressures
Strong demand from retail, agriculture, micro, small and medium enterprises (MSMEs) and companies, along with festive-season borrowing, is expected to support loan growth, while foreign currency non-resident (bank), or FCNR (B), deposits have provided lenders with an additional source of funding, the chiefs of Punjab National Bank, Bank of Baroda, Canara Bank, Indian Bank, Indian Overseas Bank and Uco Bank said in interviews to Mint.
