Non-food bank credit growth decelerated to 7 per cent in December 2019 from 12.8 per cent in December 2018
Last Friday, the government had unveiled a mega plan to merge as many as 10 public sector banks into four to help create stronger global-sized banks
The share of net credit of housing finance companies (HFCs) in the total flow of credit nearly doubled from 6.2 per cent in FY14 to 11.7 per cent in FY18
The spurt in credit disbursed by the Indian banking system driven mostly by rise in corporate and industrial credit
Banks' non-performing assets (NPAs) continued to display the highest level of stressed advances