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  • Financial Express

MSME, infra account for 86% of industry credit in April-Nov FY22: SBI’s Soumya Kanti Ghosh

Gross bank credit across sectors in the current fiscal stood at Rs 10.56 lakh crore as of November end – five times higher than Rs 2.12 lakh crore during the similar period (April-November) in the previous fiscal, said Soumya Kanti Ghosh, Group Chief Economic Advisor, State Bank of India tweeting data on bank credit till November. “Credit is expanding across all sectors but notably, MSME and Infra account for 86 per cent of industry credit. Housing loans, NBFCs and even agri have jumped manifold!” said Ghosh.

Read more at The Financial Express

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