Sectoral Deployment of Bank Credit – January 2024 - ஆர்பிஐ - Reserve Bank of India
Sectoral Deployment of Bank Credit – January 2024
Data on sectoral deployment of bank credit for the month of January 20241 collected from 41 select scheduled commercial banks, accounting for about 95 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 16.2 per cent in January 20243 as compared with 16.7 per cent a year ago. Highlights of the sectoral deployment of bank credit3 are given below:
Ajit Prasad
Press Release: 2023-2024/1968
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. |