The Monetary Policy Report released along with a policy review September 2004 said PSBs continued to account for the largest share of incremental credit, although their share declined vis-à-vis private sector banks and foreign banks.
The share of private sector lenders' incremental credit declined marginally from 45.9 per cent in September 2023 to 45.5 per cent in September 2023. The foreign banks share grew from below 0.5 per cent in September 2023 to 3.5 per cent in September 2024.
Esta historia es de la edición October 11, 2024 de Business Standard.
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