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

No comments:

Minister of State (I/C) for Youth Affairs & Sports Col. Rajyavardhan Rathore felicitates Former Captain of Indian Football Team Gurdev Singh Gill

Former Captain of Indian Football Team Gurdev Singh Gill was felicitated here today for his outstanding contribution to Indian Football. M...