Agri, services grab bigger pie of loans, bank credit grows 16.3% in March 2024
The Daily Guardian|May 02, 2024
Bank credit growth to agriculture and services sector at more than 20 per cent year-on-year, in March 2024, surpassed loans to industry which grew by 8.5 per cent yoy in the month under observation.
NIVEDITA MUKHERJEE
Agri, services grab bigger pie of loans, bank credit grows 16.3% in March 2024

On a yoy basis, non-food bank credit registered a growth of 16.3 per cent in March 2024, as compared with 15.4 per cent a year ago, Reserve Bank of India said on Wednesday.

Credit growth to agriculture and allied activities was robust at 20.1 per cent yoy in March 2024 as compared to 15.4 per cent growth a year ago, according to RBI data on sectoral deployment of bank credit for the month of March 2024, 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.

هذه القصة مأخوذة من طبعة May 02, 2024 من The Daily Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة May 02, 2024 من The Daily Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

المزيد من القصص من THE DAILY GUARDIAN مشاهدة الكل
Trinamool's Unfancied Win Against BJP Big Guns
The Daily Guardian

Trinamool's Unfancied Win Against BJP Big Guns

The Lok Sabha elections in West Bengal have thrown up unexpected results. While the Trinamool Congress has won 29 seats, the BJP managed to win 12, and the Congress got one seat. But the figures hid many embarrassments.

time-read
1 min  |
June 05, 2024
Modi Set For Historic 3rd Term As PM
The Daily Guardian

Modi Set For Historic 3rd Term As PM

Prime Minister Narendra Modi was on Tuesday poised to form the government for a third consecutive term notwithstanding crushing losses in three Hindi heartland states after a bitterly fought election that was projected as a referendum on his popularity.

time-read
6 mins  |
June 05, 2024
India's Thriving, Flourishing Democratic Process Wins Big In UK
The Daily Guardian

India's Thriving, Flourishing Democratic Process Wins Big In UK

As the results of India's mammoth general election were tallied on Tuesday, the overwhelming theme among UK-based strategic experts and poll watchers was one of high praise for the country's "thriving and flourishing" democratic process.

time-read
1 min  |
June 05, 2024
Rajnath Singh Expresses Gratitude To Party Workers
The Daily Guardian

Rajnath Singh Expresses Gratitude To Party Workers

Defence Minister Rajnath Singh on Tuesday expressed gratitude to the party workers for the third consecutive victory of the BJP in the 2024 Lok Sabha elections.

time-read
1 min  |
June 05, 2024
Naidu Set To Be Andhra CM, PM To Attend Oath Ceremony
The Daily Guardian

Naidu Set To Be Andhra CM, PM To Attend Oath Ceremony

Telugu Desam Party (TDP) chief N Chandrababu Naidu will take oath as the new Chief Minister of Andhra Pradesh on June 9, sources said. Prime Minister Narendra Modi will attend the event, sources said.

time-read
1 min  |
June 05, 2024
Kangana Wins Mandi Lok Sabha Seat By Over 74,000 Votes
The Daily Guardian

Kangana Wins Mandi Lok Sabha Seat By Over 74,000 Votes

Bharatiya Janata Party candidate and Bollywood actress Kangana Ranaut has won the Mandi Lok Sabha seat by a margin of 74,755 votes. Kangana defeated Congress' heavyweight Vikramadita Singh.

time-read
1 min  |
June 05, 2024
India Aim To End 17year Title Drought With T20 WC 2024
The Daily Guardian

India Aim To End 17year Title Drought With T20 WC 2024

The Indian men's cricket team will be looking to end a 17-year-long trophy drought at the ICC T20 World Cup 2024, scheduled in the West Indies and the United States in June.

time-read
1 min  |
June 05, 2024
Djokovic Feels No Knee Trouble While Playing On Court
The Daily Guardian

Djokovic Feels No Knee Trouble While Playing On Court

Defending champion Novak Djokovic, who delivered a typically resilient display to outlast Francisco Cerundolo in the fourth round of the French Open 2024, revealed that he's been carrying a right knee injury for a few weeks now.

time-read
2 mins  |
June 05, 2024
Constitution Guiding Light, Will Work With Everyone For Viksit Bharat: PM
The Daily Guardian

Constitution Guiding Light, Will Work With Everyone For Viksit Bharat: PM

Preparing to take office for a record third consecutive term, Prime Minister Narendra Modi on Tuesday pledged to work with all states, regardless of the party in power, to build a developed India.

time-read
1 min  |
June 05, 2024
Congress Stalwart Selja's Victory To Raise Her Stature In Haryana Politics
The Daily Guardian

Congress Stalwart Selja's Victory To Raise Her Stature In Haryana Politics

A prominent Dalit face of the Congress in Haryana, Kumari Selja's win from Sirsa Lok Sabha seat on Tuesday is going to further increase her stature in Haryana's politics, with assembly polls in the state a few months away. Selja, 61, trounced BJP's Ashok Tanwar by a margin of 2,68,497 from the Sirsa reserved seat.

time-read
1 min  |
June 05, 2024