![Credit Growth Is Chugging Along](https://images.assettype.com/fortuneindia%2F2024-05%2Fb87d9826-5852-4d70-aa8b-72ef74f9f5ec%2FTHE_CARTOGRAPHER.jpg?w=300&q=95)
Credit Growth Is Chugging Along
The growth in bank credit offtake has been fuelled by the merger between HDFC Bank and HDFC.
The growth in bank credit offtake has been fuelled by the merger between HDFC Bank and HDFC.
The rating agency says passenger vehicles and commercial vehicles are expected to drive demand, while two-wheeler and three-wheeler segments will cross the pre-pandemic level.