The RBIâs monetary policy review on Wednesday will offer cues on the extent of demonetisationâs impact on the broader economy; India may well be staring at a GDP growth of less the 6.5 percent in 2016-17, the lowest since 2012-13.
Net interest income, the difference between interest earned and interest expended, fell 9.4 percent year-on-year to Rs 3,730.80 crore in October-December quarter, with negative loan growth of 1.8 percent at Rs 3.85 lakh crore.
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