CREDIT CAPERS

CREDIT CAPERS

AFTER INCREASING BY RS 18.2 LAKH CRORE TO AN ALL-TIME HIGH IN FY23, NON-FOOD CREDIT CONTINUED TO EXPAND IN THE FIRST QUARTER OF FY24, THANKS TO DEMAND FROM THE SERVICES SECTOR. HERE’S WHAT THE DATA INDICATES

Trucks parked near Navi Mumbai’s APMC market. Transport is a key component of the services sector. (Photo: Mandar Deodhar)

Rahul Oberoi

Sep 11, 2023,
Updated Sep 11, 2023 11:56 AM IST

AFTER INCREASING BY RS 18.2 LAKH CRORE TO AN ALL-TIME HIGH IN FY23, NON-FOOD CREDIT CONTINUED TO EXPAND IN THE FIRST QUARTER OF FY24, THANKS TO DEMAND FROM THE SERVICES SECTOR. HERE’S WHAT THE DATA INDICATES

AFTER INCREASING BY RS 18.2 LAKH CRORE TO AN ALL-TIME HIGH IN FY23, NON-FOOD CREDIT CONTINUED TO EXPAND IN THE FIRST QUARTER OF FY24, THANKS TO DEMAND FROM THE SERVICES SECTOR. HERE’S WHAT THE DATA INDICATES

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