Share of loans to industry sector in bank credit declines to 25 per cent

Earlier, the Industry segment had a contribution of 27 per cent in bank credit, which was nearly equal to services and personal loans. The decline can be attributed to increased borrowings by manufacturing firms as the industry recorded a lower than expected rate in comparison to the bank credit.​​

from Banking/Finance-Industry-Economic Times https://ift.tt/Gfc04oL