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 ....
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