"bank-credit"

YSRCP chief Jagan Mohan Reddy targeted the TDP-led Andhra Pradesh government on Thursday, citing a sharp drop in bank credit to Self-Help Groups. He accused the ruling alliance of defaulting on its ₹6,000 crore interest subvention poll promise to women

The RBI's data on 'Sectoral Deployment of Bank Credit – January 2024' also showed that credit growth to agriculture and allied activities improved to 20.1 per cent in January 2024 from 14.4 per cent a year ago.

Growth in loans to micro and small industries accelerated to 3.8 per cent in April this year as compared to a contraction of 2.2 per cent a year ago.

In the fortnight ended February 28, 2020, bank credit stood at Rs 101.05 lakh crore and deposits at Rs 133.26 lakh crore, released by RBI showed.

In the fortnight ended December 6, 2019, bank credit had stood at Rs 99.35 lakh crore and deposits at Rs 131.06 lakh crore