Bank credit up 5.26 per cent, deposits by 11.98 per cent: RBI data

Personal loans continued to perform well registering a growth of 11.2 per cent as compared with 17 per cent growth in July 2019. Within this sector, vehicle loans registered accelerated growth of 8.1 per cent in July 2020 as compared with the growth of 4.9 per cent in the corresponding month of the previous year, according to the data.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3kTsGZd