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Bank credit growth tops 19% for fourth straight month-end: RBI data

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Bank credit growth tops 19% for fourth straight month-end: RBI data
Photo / Coverage: Business Standard - LatestCredit: Our Bureau
EXECUTIVE SUMMARY

Bank credit growth stayed above 19 per cent for a fourth consecutive month-end in October, widening the gap with deposit growth as lending rose 19.54 per cent YoY

Key Takeaways

  • Bank credit growth tops 19% for fourth straight month-end: RBI data.

Bank credit growth stayed above 19 per cent for a fourth consecutive month-end in October, widening the gap with deposit growth as lending rose 19.54 per cent YoY

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