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HinduBusinessLine

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Banks' loan growth at the slowest pace since 2022

  • Grasim Industries secures a 10 billion rupees bond at a low rate amidst RBI's rate cuts.
  • Jio Credit Ltd., owned by Mukesh Ambani, to raise three-year money at 7.08% coupon, 11 basis points lower than last week.
  • Edelweiss Asset Management launches altiva SIF for retail investors offering products across equity, hybrid, and fixed-income categories.
  • India's loan growth falls below 10% for the first time in over three years, with bank loans growing at the slowest pace since March 2022.

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