Saddled with high bad debt and weak corporate demand, credit growth plunged to a six-decade low
Some parties said demonetisation did not have positive impact on credit growth
Historically, overall credit has grown at 1.6 times GDP growth
Credit growth was 11.2% in the year-ago period and has now touched 5%
Credit grew 11.6 per cent year on year from 9 per cent in October