Subscribe To Our Free Newsletter |
Share of sub-10 cr loans accounts for over half of bank credit: Patra
Capturing the evolution of the financial landscape in the country over the past 50 years, Patra underscored that the patterns of financial intermediation are shifting. Industry has been a major recipient of bank credit but its share in total credit has come down from 60 per cent to 27 per cent during 1972-2022, broadly equal to that of services and retail loans