Bank credit picks pace as economy revives

Bank credit rose 6.8 per cent in October compared to 5.1 per cent in the same period a year ago, according to the latest figures released by the Reserve Bank of India on Wednesday. Outstanding credit amounted to Rs 110.5 lakh crore as of October 22, up Rs 7 lakh crore over a year.

from Banking/Finance-Industry-Economic Times https://ift.tt/3w9XD2o