Friday, 24 March 2017

Non-food bank credit growth

Reserve Bank of India (RBI) has informed that non-food bank credit growth (y-o-y) was at 4.8 per cent as on March 3, 2017, as against 11.1 per cent during the corresponding period of last year.

The sector-wise growth in outstanding credit by select banks (covering about 95 per cent of total non-food credit extended by all scheduled commercial banks) is as under:-

Growth in outstanding credit (y/y)                                                  (per cent)
Sr. No.
Sector
Mar.21, 2014
Mar.20, 2015
Mar.18, 2016
Jan.20, 2017

Non-food Credit (1 to 4)
14.3
8.6
9.1
3.5
1
Agriculture & Allied Activities
13.5
15.0
15.3
8.1
2
Industry (Micro & Small, Medium and Large)
13.6
5.6
2.7
-5.1
3
Services
17.1
5.7
9.1
8.1
4
Personal Loans
13.1
15.5
19.4
12.9
Source: Reserve Bank of India.

This was stated by Shri Santosh Kumar Gangwar, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha today.



Courtesy: pib.nic.in

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