BANKING

While the gross bank credit to industry has contracted by 1.5 per cent in the current financial year, up to the third week of May, dis-aggregate RBI data points towards a huge decline in gross bank credit deployment in sectors like fertiliser (down 29%), chemicals and chemical products (- 10%) and glass and glassware (7%), Assocham stated.

from Banking/Finance-Industry-Economic Times https://ift.tt/333ZQQw
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