Credit to agriculture and allied activities increased by 13.1 per cent in February 2014
On a year-on-year (y-o-y) basis, non-food bank credit increased by 14.7 per cent in February 2014 as compared with the increase of 15.4 per cent in February 2013, RBI said today.
Credit to agriculture and allied activities increased by 13.1 per cent in February 2014 as compared with the increase of 15.9 per cent in February 2013.
Credit to industry increased by 13.2 per cent in February 2014 as compared with the increase of 17.4 per cent in February 2013. Deceleration in credit growth was observed in mining and quarrying, beverages and tobacco, textiles, wood and wood products petroleum and coal products, chemical and chemical products, cement and cement products, basic metals, vehicles, gems and jewellery and infrastructure.
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