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Economy

Credit demand subdued, economy needs stimulus, says SBI's Rajnish Kumar

Updated : August 18, 2019 06:05 PM IST

Though lack of credit demand exists in the economy, there is no supply-side constraint as the public sector banks are more or less well-capitalised, SBI chairman Rajnish Kumar said.
Increased spending by the government and the upcoming festival season would boost demand, Kumar added. 
Credit demand subdued, economy needs stimulus, says SBI's Rajnish Kumar
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