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Wednesday, June 1, 2022

Bank loans rise across sectors in April

Credit to large companies rose 1.6% in April from the same month a year earlier, when it had contracted 3.6%, according to latest data on sectoral flow of bank credit released by the Reserve Bank of India. Credit to medium industries increased 53.5% year-on-year in April this year compared with 44.8% last year.

from Banking/Finance-Industry-Economic Times https://ift.tt/vlArEh0

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