Current Affair!Banks close FY19 with 13.24% credit growth.According to the Reserve Bank data released on 11 April 2019, bank credit rose 13.24% to Rs 9767 lakh crore for the fortnight to 29 March 2019.The deposits grew by 10.03% to Rs 125.72 lakh crore during the same period.In FY17, aggregate deposits in the banking system grew a mere 6.7% in 2017-18, while credit grew still lower at 4.54%, the lowest since fiscal 1963. - Study24x7
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Priya Sharma
16 Apr 2019 12:39 PM study24x7 study24x7

Current Affair!

Banks close FY19 with 13.24% credit growth.
According to the Reserve Bank data released on 11 April 2019, bank credit rose 13.24% to Rs 9767 lakh crore for the fortnight to 29 March 2019.
The deposits grew by 10.03% to Rs 125.72 lakh crore during the ...

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