BANKING

In the previous fortnight ended June 19, 2020, bank credit had grown by 6.18 per cent and deposits at 11 per cent. For May, the non-food credit growth decelerated to 6.8 per cent year-on-year from 11.4 per cent in the same period last year, as per the data. The outstanding incremental non-food credit stood at Rs 90.3 lakh crore as of May 22, 2020 as against Rs 84.51 lakh crore on May 24, 2019.

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