Credit growth to industry rises to 9.1% in September 2024 compared with 6% year ago

RBI today announced data on sectoral deployment of bank credit for the month of September 20241 collected from 41 select scheduled commercial banks, accounting for about 95 per cent of the total non-food credit deployed by all scheduled commercial banks. On a year-on-year (y-o-y) basis, non-food bank credit in September 2024 grew at 14.4 per cent, as compared to 15.3 per cent a year ago.
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