Bank credit to industry slips 3.9% in 8 months

Bank credit to industry shrunk by 3.9%, or Rs 1.13 lakh crore, during the first eight months of the current financial year, according to data released by the Reserve Bank of India (RBI). Despite this, overall bank credit continues to be up 1% largely due to home loans and other personal loans.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2MM3yVR