Bank credit to infra sector grew 18.5%
22, May 2019
Prelims level : Mains level :
- Bank credit to infrastructure sector grew by 18.5% to ₹55 lakh crore as of 2018-19, the highest since 2012-13 fiscal, as per the RBI data.
- Outstanding bank credit to the sector was ₹91 lakh crore as at March 2018.In FY18 and FY17, growth in bank credit to the sector was negative at 1.7% and 6.1%, respectively.