 "cash, currency, notes, funds, investment, shares, growth, profit, loss, tax, money, income, earnings")
The share of industrial credit in total bank credit declined to 31.5 per cent in March 2020 as against 33.1 per cent a year ago, Reserve Bank data showed.
Bank credit growth (year-on-year) continued to decelerate across all population groups and stood at 6.3 per cent in March 2020. However, bank branches in rural areas maintained a double-digit growth.
"The share of industrial credit in total bank credit declined to 31.5 per cent in March 2020 as against 33.1 per cent a year ago, as it recorded a meagre 0.9 per cent growth (year-on-year) in March 2020," the RBI's data on outstanding
