Credit To Medium Size Industries Grew 48.6% In October: RBI Data
Credit to medium industries saw a remarkable growth of 48.6 per cent in October 2021 size-wise compared to 20.8 per cent growth seen in October 2020
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Credit to medium industries saw a remarkable growth of 48.6 per cent in October 2021 size-wise compared to 20.8 per cent growth seen in October 2020
Gold reserves were up by $1.461 billion to $40.239 billion in the reporting week
Bank credit rose by 14.19 percent to Rs 96.45 lakh crore while deposits grew 10.60 percent to Rs 125.30 lakh crore in the first fortnight ended on April 12, according to recent RBI data. In the year-ago fortnight, deposits were at Rs 113.29 lakh crore and advances stood at Rs 84.46 lakh crore.
The bulk payment system under the National Automated Clearing House (NACH) will be available on all days of the week from 1 August, the Reserve Bank of India (RBI) said on Friday
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