US EditionBank Credit Growth Slows To 4.9% During Fortnight Ended May 30: RBI
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Bank Credit Growth Slows To 4.9% During Fortnight Ended May 30: RBI
Bank credit to industry expanded at 4.9% in the fortnight ended May 30, against 8.9% growth in the corresponding period of the previous year, the Reserve Bank said on Monday.The RBI has released the data on sectoral deployment of bank credit for May 2025 collected from 41 select scheduled commercial banks, accounting for about 95% of the total non-food credit by all commercial banks.On a year-on-year basis, non-food bank credit as on the fortnig…
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