Non-food credit growth up to 10.7% for April: RBI
Mumbai, May 31 (DIN NEWS) The Reserve Bank today said non-food credit growth accelerated to 10.7 per cent for April as against 4.5 per cent in the year-ago period, led by retail and the services sector. The non-food credit grew 10.7 per cent to Rs 76,130 billion as on April 27, the central bank said. The gross bank credit, including the food credit, was up 10.4 per cent during the same period, as against 3.8 per cent in the year-ago period. The data includes performance of 41 scheduled commercial banks, accounting…
Read More