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Retail, farm credit get traction in May amid Covid-induced slowdown

Credit to Mid, small units also see higher growth

Topics
Retail loan growth | Retail credit | Lockdown

Abhijit Lele  |  Mumbai 



bank, credit, growth, loans, funding, capital, cash, m&a, payment
However, credit growth to industry and service sector decelerated in the reporting month (May 2021), according to Reserve Bank of India (RBI) data

The credit in retail segment and farming gathered pace on year-on-year basis in May 2021 amid the slowdown due to the imposed to contain the second wave of Covid-19 pandemic.

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First Published: Wed, June 30 2021. 22:03 IST

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