New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    As per RBI’s statement on ‘Quarterly

    statistics on deposits and credit of SCBs: June 2022’, Scheduled commercial banks’ credit growth increased to _______ in June.
    A 10.3% Correct Answer Incorrect Answer
    B 11.5% Correct Answer Incorrect Answer
    C 14.2% Correct Answer Incorrect Answer
    D 16.4% Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Scheduled commercial banks’ credit growth increased to 14.2% in June from 10.8% a quarter ago as per RBI. Aggregate deposit growth (y-o-y) was in the range 9.5-10.2% during the last five quarters. RBI has released its statement on ‘Quarterly statistics on deposits and credit of SCBs: June 2022’.

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