80% of FY19 credit growth comes in Sept-Nov

Almost 80% of credit growth in the first eight months of the current fiscal has taken place between September and November. Much of the bank credit has gone towards personal loans and industry, with only the non-banking finance companies showing a decline in bank loans. Besides NBFCs, the medium and small enterprises segment also saw bank credit shrinking.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2AmFtyE

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