Agriculture Sector Credit Stagnates

The share of distressed agriculture sector in non-food credit offtake has remained stagnant and the banks’ exposure declined even as non-performing assets in the sector zoomed by over 40 per cent as of September 2018, the RBI said in a study on ‘Sectoral Deployment of Bank Credit’.

Credit Growth to the Farm Sector

  • Credit growth to the farm sector fell to a low of 3.8 per cent during the fiscal ended March 2018 and improved marginally to 8.4 per cent, which is much lower than the overall non-food bank credit growth of 12.8 per cent as of ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Economy Watch