Question
Scheduled commercial banks (SCBs) reported a robust
credit growth of how much percent in FY23 against 9.7 per cent in FY22?Solution
Scheduled commercial banks (SCBs) reported a robust credit growth of 15.4 per cent in FY23 against 9.7 per cent in FY22, powered by growth in personal loans, and loans to services sector and agriculture and allied activities.
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