Personal loan growth slowed to 14.2% by January 24, 2025, down from 18.2% a year earlier, due to reduced vehicle loans and credit card outstanding, according to RBI data. Non-food bank credit increased 12.5%, marking a three-month high, while credit to agriculture grew by 12.2%. Industry advances rose by 8.2%, driven by sectors like petroleum and chemicals.
from Banking/Finance-Industry-Economic Times https://ift.tt/5XTAOlk
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