Reserve Bank of India (RBI) data showed that in absolute terms, banks lent ₹1.5 trillion in H1FY25 as against ₹1.05 trillion in H1FY24. The outstanding credit to industry stood at ₹37.86 trillion in September 2024. This data excludes the merger of HDFC with HDFC Bank.
Outstanding bank loans to large enterprises, which have a lion’s share in credit, stood at ₹27.16 trillion. Credit growth to industry improved to 9.1 percent year-on-year (Y-o-Y) in September 2024 compared to 6.0 percent a year ago, the RBI said in a statement.
この記事は Business Standard の November 01, 2024 版に掲載されています。
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