Stalled Projects Dampening Credit Demand: Rajiv Takru
  • Nikita Setia
  • Aug 02 2013

“There are some signs of a pickup in credit demand in some sectors,” Financial Services Secretary Rajiv Takru says. “While there may be credit demand in some sectors, banks are wary of lending to them because of stalled projects. However, credit will pick up once project development and roll outs resume,” he adds.