Report
Personal loan growth rises to 16.9% year-on-year in August
The Economic Times reports that RBI data showed personal loans reached ₹72.9 lakh crore in August, up 16.9% from a year earlier. Growth was 11.9% a year earlier.
TLDR
The Economic Times reports that RBI data showed bank credit growth strengthening across major sectors in August. Personal loans grew 16.9% year-on-year to ₹72.9 lakh crore, compared with 11.9% growth a year earlier.
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