Business Today

Bank Credit Growth Remains Subdued in May

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Gross bank credit growth stood at 6 per cent in May 2021, a shade lower than the 6.2 per cent rise in May 2020

Non-food credit growth moderated to 5.9 per cent from 6.1 per cent a year ago, and remained subdued compared with April due to a surge in Covid-19 cases

 ?? Source: RBI ??
Source: RBI

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