New loans for industry sector decline 8.6% in Q4
BusinessToday.In
- Jul 12, 2021,
- Updated Jul 12, 2021 7:25 PM IST
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New loans in agri sector increased 20.5 % on Y-o-Y basis in Q4 FY21.
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New loans for industry sector declined by 8.6% in Q4 FY21 on Y-o-Y basis as compared to growth of 15% in Q3 FY21.
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Loans under service sector increased the highest in last four quarters. In Q4FY21, the growth was 4.1% in Q4 FY21 on Y-o-Y basis.
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Personal loans in Q4 FY21 grew 35% in Q4 FY21 as compared 10.6% growth in the previous quarter on Y-o-Y basis.
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Share of new loans in total loans increased in Q4FY21, showing signs of revival, as economic activities started gathering pace due to gradual unlocking.