Business loans pick up in Q1 after trailing retail credit in FY23
MUMBAI: Incremental bank loans to businesses have outpaced retail loans in the first quarter of FY24. The share of industry and services in incremental bank loans for the June quarter stood at 51% as compared to 46% in FY23, RBI data showed. Banks expanded their loan books by Rs 7.2 lakh crore in the first […]
Business loans pick up in Q1 after trailing retail credit in FY23 Read More »