Question
According to the RBI, how much percent increase has been
recorded in bank credit in July 2022?Solution
Bank credit increased 15.1% year-on-year (y-o-y) in July 2022 according to RBI. As per RBI data on Sectoral Deployment of Bank Credit, credit growth to agriculture and allied activities increased to 13.2% in July 2022 from 11.1% a year ago.
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