Tag: bank credit

Subdued performance of corporate sector moderated the demand for bank credit: RBI

Newsroom24x7 Staff Mumbai: Weak domestic demand and subdued performance of the corporate sector moderated the demand for bank credit. As a result, at the end of March 2015, gross outstanding credit of scheduled commercial banks increased by 9.5 per cent to ₹ 68,784 billion, as against an increase of 13.7 per cent during the previous

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Sectoral deployment of bank Credit in India: Deceleration in credit growth in all sectors

Newsroom24x7 Staff Mumbai: From the data on sectoral deployment of bank credit collected on a monthly basis from select 46 scheduled commercial banks, it emerges that on a year-on-year (y-o-y) basis, non-food bank credit in India increased by 8.9 per cent in April 2015 but this increase was considerably less as compared with the increase

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