 "RBI")
Non-food credit demand rose by 10.7 per cent in April 2018 as against an increase of 4.5 per cent during the same period last year, according to data released by the Reserve Bank of India (RBI) on Thursday. Non-food credit for the month of April stood at Rs 75,804 billion.
Credit to agriculture and allied activities increased by 5.9 per cent in April as compared with an increase of 7.4 per cent in the same month of the previous year.
Credit growth for the industry was muted and only increased by one per cent in April 2018 as compared with a contraction
