(PTI)
Credit to industry expanded by 7.3 per cent in the fortnight ended on February 21, 2025, compared with 8.4 per cent in the year-ago period, according to Reserve Bank data released on Thursday.
Among major industries, outstanding credit to ‘petroleum, coal products and nuclear fuels’, ‘all engineering’, ‘construction’, and ‘paper & paper products’ recorded an accelerated y-o-y growth, it said.
Credit to agriculture and allied activities registered a growth of 11.4 per cent (y-o-y) as on the fortnight ended February 21, 2025 (20 per cent for the corresponding fortnight of the previous year).
