Unlock 2.0: New cases rise rapidly, pace of unlocking slows

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Unlock 2.0: New cases rise rapidly, pace of unlocking slows




from News - Videos - The Times of India https://ift.tt/38gUJwW

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The pandemic led contraction in economic activity led to a sharp slowdown in credit demand Non-food bank credit growth rose by 4.9 per cent in March 2021, lowest in more than five decades as compared to 6.7 per cent in March 2020. Loans to large industries contracted by 0.8 per cent, while loans to micro and small enterprises rose by a mere 0.5 per cent. from Stocks-Markets-Economic Times https://ift.tt/2PEULK7
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