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Banks Expect Increased Credit Demand Across Retail, MSME, & Agricultural Segments After GST Reforms

Banks Expect Increased Credit Demand Across Retail, MSME, & Agricultural Segments After GST Reforms

According to Ajay Kumar Srivastava, MD and CEO, Indian Overseas Bank, the reform will create a strong effect across the economy, leading to improved cashflows for distributors and retailers, greater working capital access for small businesses, and expanded credit requirements amid rising demand.

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