Delhi HC: Woman's Right to a Shared Household Does Not Allow Indefinite Occupation of In-Laws' Home  ||  Delhi HC: Director Disputes in a Company Do Not Qualify as Genuine Hardship to Delay ITR Filing  ||  Delhi HC: ECI Cannot Resolve Internal Disputes of Unrecognised Parties; Civil Court Must Decide  ||  Bombay High Court: Senior Citizens Act Cannot be Misused to Summarily Evict a Son  ||  Chhattisgarh HC: Service Tax Refund Can't Be Denied on Limitation When Payment Was Made During Probe  ||  Supreme Court: If Tribunal Ends Case For Unpaid Fees, Parties Must Seek Recall Before Using S.14(2)  ||  SC: Article 226 Writs Jurisdiction Cannot be Used to Challenge Economic or Fiscal Reforms  ||  Supreme Court: Hostile Witness Testimony Can't Be Discarded; Consistent Parts Remain Valid  ||  Supreme Court: GPF Nomination in Favour of a Parent Becomes Invalid Once the Employee Marries  ||  Supreme Court: Candidate Not Disqualified if Core Subject Studied Without Exact Degree Title    

Sectoral Deployment of Bank Credit- (Reserve Bank of India) (31 Oct 2019)

MANU/RPRL/0193/2019

Banking

Data on sectoral deployment of bank credit collected from select 39 scheduled commercial banks, accounting for about 90 per cent of the total non-food credit deployed by all scheduled commercial banks, for the month of September 2019 are set out in Statements I and II.

Highlights of the sectoral deployment of bank credit are given below:

On a year-on-year (y-o-y) basis, non-food bank credit growth decelerated to 8.1 per cent in September 2019 from 11.3 per cent in September 2018.

Credit to agriculture & allied activities increased by 7.0 per cent in September 2019 as compared with an increase of 5.8 per cent in September 2018.

Credit growth to industry accelerated to 2.7 per cent in September 2019 from 2.3 per cent in September 2018. Within industry, credit growth to 'infrastructure', 'construction', 'cement & cement products', 'beverage & tobacco', 'paper & paper products' and 'all engineering' accelerated. However, credit growth to 'food processing', 'textiles', 'gems & jewellery' and 'chemicals & chemical products' decelerated/contracted.

Credit growth to the services sector decelerated sharply to 7.3 per cent in September 2019 from 24.0 per cent in September 2018.

Personal loans growth accelerated to 16.6 per cent in September 2019 from 15.1 per cent in September 2018.

Tags : SECTORAL DEPLOYMENT   BANK CREDIT   DATA  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved