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    Bank credit growth slows to 5.8% in September 2020

    BT NewsFlicks

    Bank credit growth slows to 5.8% in September 2020

    • 1/5

    On a year-on-year (y-o-y) basis, non-food bank credit growth decelerated to 5.8 per cent in September 2020 from 8.1 per cent in September 2019.
    Story: Niti Kiran
    Design: Pragati Srivastava

    • 2/5

    Credit to agriculture and allied activities increased by 5.9 per cent in September 2020 as compared with a growth of 7.0 per cent in September 2019

    • 3/5

    Credit to industry recorded 'nil' growth in September 2020 as compared with 2.7 per cent growth in September 2019.

    • 4/5

    Bucking the trend, credit growth to the services sector accelerated to 9.1 per cent in September 2020 from 7.3 per cent in September 2019.

    • 5/5

    Personal loans registered a growth of 9.2 per cent in September 2020 as compared with 16.6 per cent growth in September 2019.