Commercial Credit Growth In & #8217;02-03 At A Six-Year High

RECOVERY IN THE AIR: Retail loans act as the main driver

A recovery is in the air, if the pick-up in non-food credit is anything to go by. The growth of non-food credit in the first 11 months of 2002-2003 at Rs 1,29,162 crore is the highest in any single year since 1996-97