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Non-food bank credit registered growth of 16.5% in February 2024
RBI released today data on sectoral deployment of bank credit for the month of February 20241 collected from 41 select scheduled commercial banks, accounting for about 95 per cent of the total non-food credit deployed by all scheduled commercial banks. On a year-on-year (y-o-y) basis, non-food bank credit registered a growth of 16.5 per cent in February 2024 as compared with 15.9 per cent a year ago.