Bank Credit to NBFCs Jumps 34% and Boosts Lending Growth

Bankon ka credit NBFCs ke liye 34% se badhkar Rs 20.9 trillion tak pahuncha hai, jabki trade credit bhi 17.3% se udi hai. Services sector mein credit growth 20.4% tak chala gaya hai, aur retail loans ka bhi chakkar hai, housing loans ne 10.9% ka growth dikhaya hai. Gold loans thoda slow ho gaye, par baaki sectors mein dhamaka hai!

Quick rundown

1.Credit to NBFCs skyrocketed by 33.7% YoY.

2.Trade credit growth hit 17.3% YoY.

3.Services sector credit surged by 20.4% YoY.

4.Gold loan growth slowed to 105.5% YoY.

5.Agriculture credit grew by 14.9% YoY.

MSME Loans Soar to Rs 46 Trillion But Growth Hits a Snag
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Banks Pump Up Lending Rates While Deposits Snooze a Bit
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