Monday, January 2, 2023

Bank loans to services sector surpass credit to industries

Data available till November 18, 2022, show the outstanding loans to the services sector at ₹33.15 lakh crore, up 21.3% in one year. Outstanding loans to the industrial sector rose 13.8% in the same period to ₹32.94 lakh crore.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/bank-loans-to-services-sector-surpass-credit-to-industries/articleshow/96691718.cms

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