Credit to industries up, marginal dip for agri loans: RBI
Credit to industry rose 0.3 per cent, with sub-sectors such as infrastructure, textiles, chemicals, food processing and engineering showing acceleration, while loans to basic metal and metal products, petroleum, coal products and nuclear fuels, cement and cement products and paper and paper products declined.
Agri loans saw a marginal dip in growth at 6.6 per cent for July 2018 as against 6.8 per cent in the year-ago period, Image source: Pixabay