Industrial credit falls to record low in first 5 months of FY 22

The share of industrial credit in banks loans, after years of sluggish growth, declined to a record low of 26 per cent during the first five months of FY 22, down from 26.6 per cent during FY 21. At its peak in FY 13 industrial credit accounted for nearly 46 per cent of loan disbursements. In comparison, personal loans, including home loans, accounted for 26.7 per cent of bank credit during the first five months of FY 22, up from 26.1 per cent at the end of March this year and a low of 18.2 per cent in FY 12. This is the first time since the Reserve Bank of India started providing sectoral Business Standard has always strived to provide up-to-date information and commentary on developments that are of interest to you and have wider implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid - 19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

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