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The Times of India

Business

PTI

Share of industrial loans in bank credit on decline, personal loans up: RBI

RBI Reserve Bank Mumbai

MUMBAI: The share of industrial loans in total credit has been gradually declining over the last decade while that of personal loans is on the rise, the Reserve Bank said on Wednesday.

Both industrial and personal loans had nearly 27 per cent credit share each in March 2022, as per the 'Basic Statistical Return on Credit by Scheduled Commercial Banks (SCBs) in India – March 2022' released by the RBI.

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