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FY22 credit growth turns positive first-time ever

What stands out this time around is that positive growth happened despite a more debilitating impact of the second wave of the Covid-19 pandemic

credit growth  | RBI | lending

Abhijit Lele  |  Mumbai 

credit, lending, loans, support, fiscal stimulus, money
Illustration: Ajay mohanty

turned positive year-to-date (YTD) at 0.1 per cent in September for the first time in 2021-22 (FY22), reflecting gradual pick-up in demand.



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First Published: Sun, October 10 2021. 20:43 IST