RBI Rate Cuts Spark Loan Explosion: 62.4% Below 9%!

Hold onto your wallets, folks! The Reserve Bank of India has just dropped interest rates like it’s hot! Loans below 9% have exploded from 42.2% to a staggering 62.4% in just one year! Public sector banks are flexing with 14.1% YoY growth, signaling a credit revolution! This is not just banking; it’s a financial frenzy that’s rewriting history!