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Leading Indicator VII - Bank credit

ECONOMIC SURVEY 2003-04/ ENERGY AND INFRASTRUCTURE

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Our Economy Bureau New Delhi
Last Updated : Feb 06 2013 | 9:56 AM IST
 
This is a direct indicator of revival. Scheduled commercial banks' credit disbursements increased by 14.6 per cent during 2003-04 compared with 16.1 per cent the year before.
 
Non-food credit increased by 17.6 per cent during 2003-04 compared with 18.6 per cent growth in the previous year. The growth in non-food credit was led by the housing and retail sectors.

 
 

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First Published: Jul 08 2004 | 12:00 AM IST

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