Sectoral Deployment of Bank Credit – August 2023 - ಆರ್ಬಿಐ - Reserve Bank of India
Sectoral Deployment of Bank Credit – August 2023
Data on sectoral deployment of bank credit for the month of August 20231 collected from 40 select scheduled commercial banks, accounting for about 93 per cent of the total non-food credit deployed by all scheduled commercial banks, are set out in Statements I and II. On a year-on-year (y-o-y) basis, non-food bank credit2 registered a growth of 15.0 per cent in August 20233 as compared with 16.0 per cent a year ago. Highlights of the sectoral deployment of bank credit3 are given below:
Shweta Sharma Press Release: 2023-2024/1013 1 Data pertain to the last reporting Friday of the month. 2 Non-food credit data are based on Section-42 return for the last reporting Friday of the month, which covers all scheduled commercial banks (SCBs). 3 Excluding the impact of the merger of a non-bank with a bank. |