×

UPSC Courses

upsc facts and data
  • 06 March, 2021

  • Min Read

Data on Sectoral Deployment of Bank Credit in 2020-21

Data on Sectoral Deployment of Bank Credit in 2020-21

  • Year-on-Year Growth of outstanding bank loans is on decelerating pace. It slowed down to lowest in last 10 yrs.
  • Industries:
  1. Credit to large industries contracted by 2.5%.
  2. Large industries constitute 82% of credit off-take to the industrial sector.
  • Non Food Bank Credit
  1. All loans except those given to FCI for food grain procurement, decelerated to 5.7% in 2021.
  • Personal loans
  1. Decelerated to 9.1% .
  • Loans to Agriculture and Allied sectors
  1. Expanded by 9.9%, as the sector saw an increase in employment following record levels of reverse migration following lockdown.

Source: TH

Print PDF

Toppers
Newsletter Subscription
SMS Alerts