Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Sectoral Deployment of Bank Credit – November 2012

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Sectoral Deployment of Bank Credit – November 2012 - News and Press Release Dated:- 31-12-2012 - News - Sectoral Deployment of Bank Credit November 2012 Date : 31 Dec 2012 Data on sectoral deployment of credit are collected on a monthly basis (last reporting Friday) from select 47 scheduled commercial banks accounting for about 95 per cent of the total non-food credit deployed by all s .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... cheduled commercial banks for the month of November 2012 are set out in Statements I and II . These data are also available in the Real-Time Handbook of Statistics on the Indian Economy ( http://dbie.rbi.org.in ). Highlights of the data are given below: On a year-on-year (y-o-y) basis, non-food bank credit increased by 17.6 per cent in November 2012 as compared with the increase of 16.8 p .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... er cent in November 2011.These data for November 2012 are not strictly comparable to the ongoing trend as the year ending November 30, 2012 has 27 fortnights while the year ending November18,2011 has 26 fortnights. Credit to agriculture increased by 24.4 per cent in November 2012, up from 7.3 per cent in November 2011. Credit to industry increased by 17.7 per cent in November 2012 as compared .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... with the increase of 20.9 per cent in November 2011. Deceleration in credit growth to industry was observed in all the major sub-sectors, barring mining and quarrying, food processing, wood and wood products, paper and paper products, petroleum, coal products and nuclear fuels, chemical and chemical products, cement and cement products, and all engineering. Credit to the services sector increase .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d by 15.3 per cent in November 2012 as compared with the increase of 17.2 per cent in November 2011. Credit to NBFCs increased by 30.3 per cent in November 2012 as compared with the increase of 39.2 per cent in November 2011. Personal loans increased by 16.3 per cent in November 2012 as compared with the increase of 13.3 per cent in November 2011. Alpana Killawala Chief General Manage .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... r Press Release : 2012-2013/1099 - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates