Financial institution credits expansion speeds up 14.2% in June 2022 quarter: RBI knowledge

Scheduled industrial banks (SCBs) credits expansion speeded up additional to fourteen.2% in June 2022 quarter, in comparison to 6% in the similar duration a yr in the past. The expansion could also be upper than the ten.8% expansion recorded within the previous quarter. On Thursday, RBI launched the quarterly efficiency of banks’ deposits and credit. … Read more