TaxTMI 
TaxTMI 
Credit Growth to Various Sectors
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....redit Growth to Various Sectors <br>News and Press Release<br>Dated:- 2-12-2011<br><BR>Press Information Bureau Government of India Ministry of Finance 02-December-2011 18:11 IST As per the inform....
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....ation published by Reserve Bank of India in the Financial Stability Report June 2011, incremental credit growth during the last few years was mainly propelled by credit growth in few sectors, viz., re....
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....tail, commercial real estate and infrastructure. Credit growth to specific sector may pose concerns. According to the data published in the Report on Trend and Progress of Banking in India 2010-11, du....
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....ring 2010-11, on a year-on-year basis, credit to infrastructure, real estate, retail and Non-Banking Financial Companies witnessed a growth of 38.6 per cent, 21.4 per cent, 19.5 per cent and 54.8 per ....
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....cent, respectively as compared with the previous year's growth of 40.7 per cent, -0.3 per cent, 4.9 per cent and 14.8 per cent, respectively. Profitability of the banking sector witnessed an improvem....
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....ent in 2010-11 over the previous year. The return on assets improved to 1.10 per cent in 2010-11 from 1.05 per cent in the previous year. The asset quality of the banking sector also witnessed an impr....
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....ovement in 2010-11 as compared with the previous year. This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to an Unstarred Question in Lok Sabha t....
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....oday. DSM/Hb<BR> News - Press release - PIB....