Personal Loans and Services Sector are key drivers of banks credit growth: RBI
New Delhi [India], December 27 (ANI): The Reserve Bank of India (RBI) has highlighted that bank credit growth in 2023-24 has been broad-based, with the personal loan and services sectors leading the expansion. This was followed by credit growth in agriculture and the industrial sectors, the report noted.
The report said, "Bank credit growth in 2023-24 was broad-based, led by services sector and personal loans segment, fol