Non-food credit growth falls below RBI target

RBI data shows, however, y-o-y growth in non-food credit had decelerated to 17.4% as on 18 November, an indication of the slowdown in the economy. Similarly, y-o-y growth in M3 had also fallen below RBI’s target of 15.5% growth.

Also See | Year-on-year growth in non-food credit (PDF)

Graphics by Naveen Kumar Saini/Mint.

Milestone Alert!
Livemint tops charts as the fastest growing news website in the world 🌏 Click here to know more.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!