MP registers increase in credit deposit ratio

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Press Trust of India Bhopal
Last Updated : Jan 20 2013 | 9:23 PM IST

It means that the investment of money being deposited as savings in economic activities is growing in the state, an official release said adding in priority sector the advances were 61.87 per cent, which is higher than the national norm of 40 per cent.     

The advances in agriculture sector are 35.87 per cent, which again is 18 per cent higher than the national norm.    

The same is the case with advances to the weaker sections, which is 13.55 per cent against the national norm of 10 per cent.     

There has also been a remarkable increase in loan distribution for agricultural and allied activities as well as the performance of the state in disbursement of credit to weaker sections has also been very impressive.     

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First Published: Jun 14 2008 | 2:53 PM IST

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