Sep’23 sectoral credit deployment: Growth continues cashing in on service/retail; credit card/ other personal loans growth remains steady
Banks’ sectoral credit deployment data for Sep’23 (as of 22 September, 2023) suggests non-food credit stands at INR 151.3trn. Adjusted for the merger [of a non-bank with a bank], systemic non-food credit stands at INR 145trn, up ~15.3% YoY/1.7% MoM.