Browsing Tag

COVID-19-related disruptions

rbi: Industrial loan growth turns negative in 2020-21 due to COVID-19-related disruptions: RBI data

Industrial loan growth, which has been decelerating during the last decade, turned negative for the first time during 2020-21 as economic activity slowed down in the aftermath of the COVID-19 pandemic, according to the latest RBI data. Working capital loans in the form of cash credit, overdraft and demand loans, which accounted for a third of total…
Read More...