Micro, small and medium industries worst hit in credit slowdown

The fastest has been in the growth of personal loans


Growth in bank credit to large scale industry has been better than last year. Photo: Mint
Growth in bank credit to large scale industry has been better than last year. Photo: Mint

The chart takes a longer-term view of the growth in bank credit among the various sectors.

Note that the slowdown in credit growth has been most pronounced in 2015-16 in micro, small and medium scale industries.

Growth in bank credit to large scale industry has been better than last year.

The fastest growth has been in the growth of personal loans.

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