Credit growth. Non-food bank credit growth at 15.9% in Feb led by services, personal loans: RBI

 

The rise was lower than the 16.7 per cent year- on-year growth seen in January, as per data released by the Reserve Bank of India

Non-food bank credit grew 15.9 per cent in February, much higher than 9.2 per cent in the year-ago period. However, the rise was lower than the 16.7 per cent year- on-year(y-o-y) growth seen in January, as per data released by the Reserve Bank of India.