Bank Credit Growth

Question by:H. Vasanthakumar

Question

  1. whether the Government has taken action against the slowing credit growth in banks and financial sectors;
  2. if so, the details thereof and the action taken by the Government to overcome this issue across the banks in the country;
  3. whether the Government proposes to announce important developments this year that are likely to shape the banking sector; and
  4. if so, the details thereof?

Answer by:Minister of State in the Ministry of Finance (Anurag Singh Thakur)

Answer

  • Government has announced several important measures for the banking sector in the current financial year and has taken wide-ranging action for banks and the financial sector extending credit ....
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