Banking News
Read the full story
Source: Economic Times
Economic Times
Source
RBI & Policy
Category
4 min
Read time
07 Aug
Published
RBI & Policy
4 min read· Economic TimesNBFC credit surges 14.4% to ₹59.3 lakh crore in June, retail loans lead growth: RBI data
Non-banking finance company credit grew 14.4 percent year-on-year in June. Retail loans saw the fastest expansion, increasing by 20.3 percent. Housing and vehicle loans, and gold jewellery loans showed robust growth. Credit to industry expanded by 6.7 percent, while services sector credit grew 17.6 percent. Agriculture…
Non-banking finance company credit grew 14.4 percent year-on-year in June. Retail loans saw the fastest expansion, increasing by 20.3 percent. Housing and vehicle loans, and gold jewellery loans showed robust growth. Credit to industry expanded by 6.7 percent, while services sector credit grew 17.6 percent. Agriculture
#RBI
Source: Economic Times