Month: November 2018

Non-food bank credit grows at 15.6%

The commercial sector’s total credit growth from banks exhibited a robust year-on-year increase of 15.6 percent, reaching Rs 97.32 lakh crore in the fortnight concluding on November 9, 2018. This marked the highest growth since the demonetization of Rs 500 and Rs 1000 notes in November 2016, according to data from the Reserve Bank of