Bank credit to industry saw a significant jump. Growth accelerated to 13.5 percent by February 28.
Key takeaways
Quick scan — what you need to know:
- Bank credit to industry saw a significant jump.
- Growth accelerated to 13.5 percent by February 28.
- This is a notable increase from 7.5 percent last year.
- Key sectors like infrastructure and textiles drove this expansion.
Background
What led here, in plain terms:
- Services and personal loans also showed strong year-on-year growth.
- Agriculture and allied activities also registered expansion.
- Bank credit to industry saw a significant jump.
- Growth accelerated to 13.5 percent by February 28.
Why it matters
Why readers and decision-makers should care:
- This is a notable increase from 7.5 percent last year.
- Key sectors like infrastructure and textiles drove this expansion.
- Services and personal loans also showed strong year-on-year growth.