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Bank lending to retail and services reined in

By Economic Times - 23 hours ago
Credit growth slowed to 14.4 per cent in September 2024 from 15.3 per cent a year ago. Services sector lending decreased significantly. Retail loan growth also moderated, though housing loans saw increased growth. Industrial credit growth improved to 9.1 per cent. Credit to agriculture remained almost flat. This is according to the latest RBI data.

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