Industrial mortgage progress turns adverse in 2020-21 because of COVID-19-related disruptions: RBI knowledge

Industrial mortgage progress turns adverse in 2020-21 because of COVID-19-related disruptions: RBI knowledge

[ad_1] Industrial loan progress, which has been decelerating over the past decade, turned adverse for the primary time throughout 2020-21 as financial exercise slowed down within the aftermath of the COVID-19 pandemic, based on the most recent RBI knowledge. Working capital loans within the type of money credit score, overdraft and demand loans, which accounted … Read more