bank credit in india

Bank credit growth accelerated to 14.2% in the quarter ended June 2022 from 6% in the same period of the previous year, RBI data showed on Thursday. In the quarter ended March 2022, bank credit had expanded by 10.8%. The Reserve Bank of…

The share of ‘housing loans’ in bank credit has increased to 14.4 per cent in June 2022 from 13.1 per cent in March 2020, and housing contributes around 50 per cent of the personal and retail loans, according to a report by SBI. It added…