Bank credit picks pace, grows at 12.64 pct for the year
Banks' credit grew by 12.64 per cent year-on-year to Rs 85,51,099 crore in the fortnight ended May 11, 2018, according to an RBI data. In the similar fortnight ended May 12, 2017, banks' advances stood at Rs 75,90,941 crore.
Advances to industry grew by 0.7 per cent in March 2018. Image source: Pixabay