Thursday, April 25, 2013

Bengal has appetite for credit: RBI

KOLKATA: Despite banks attributing West Bengal's low credit-deposit ratio to lack of demand, Reserve Bank of India (RBI) views the state has a reasonable appetite for credit.  "I do not agree to the banks maintaining that credit absorption in low in West Bengal due to lack of growth, the state has a good appetite for credit", Regional Director (east) of RBI B P Kanungo said. ............

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