Net bank credit growth in April-July defies investment slump; fresh credit breaks 8-year-old record

By Vivek Sinha

  • 03 Sep 2013

The net addition to outstanding bank credit in the first four months of the current fiscal year shot up, defying the general investment slump and economic slowdown besetting the economy, data compiled by the Reserve Bank of India (RBI) reveal.The banking sector added Rs 1.24 lakh crore in outstanding credit ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.