Month: January 2021

Bank credit grows 3.2% in this fiscal so far, deposits rise too

During the initial nine months of the current fiscal year, bank credit in India experienced a growth of 3.2 percent, reaching Rs 107.05 lakh crore. This surpassed the 2.7 percent growth recorded during the corresponding period in 2019-20 when bank advances were Rs 103.72 lakh crore by the fortnight ending March 27, 2020. As per