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    BT NewsFlicks
    32% of non-food credit towards priority sector in Dec

    BT NewsFlicks

    32% of non-food credit towards priority sector in Dec

    • 1/5

    Around 32.0 per cent of the non-food credit (Rs 92.5 lakh crore) as of December 2020 is towards the priority sector.

    • 2/5

    Agriculture accounts for the highest share of 41 per cent in outstanding credit. Credit to agriculture has increased by 7.7 per cent in December 2020 as compared to December 2019.

    • 3/5

    In absolute terms the outstanding credit for MSME industries grew from Rs 4.7 lakh crore in December 2019 to Rs 4.9 lakh crore in December 2020.

    • 4/5

    Credit outstanding to housing in priority sectors has increased by 2.2 per cent in December 2020 as compared to December 2019, whereas it has increased 12 per cent in December 2019 on Y-O-Y basis.

    • 5/5

    Priority sector lending to weaker section has increased by 6 per cent in December 2020 as compared to December 2019. Growth was better in December 2019 with 18 per cent as compared to December 2018.
    Story: Shivani Sharma
    Design: Mohsin Shaikh