Bank credit to infra sector grew 18.5%

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CONTEXT :

  • 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.
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