India banks' credit growth to industry slows in March-cbank

Newswire

MUMBAI, April 30 (Reuters) - Indian banks' credit to industry grew at a slower pace in March, compared with a year earlier, data from the Reserve Bank of India showed on Tuesday. Credit to industry increased by 15.7 percent in March, slower than the 20.3 percent growth in the same month a year ago, the central bank data showed. The RBI said there was a slowdown in credit growth to major sectors except food processing, textiles, leather and leather products and ...

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