In FY22, total outstanding credit of scheduled commercial banks rose to ₹118 lakh crore which is almost 50% of GDP. Incremental growth in FY22 over FY21 was ₹9.41 lakh crore. In the first half of FY23, though, outstanding credit of banks had already expanded by ₹11 lakh crore over FY22 (full year).
Top Stories
Infographics
Budget 2023: Credit Growth Signals Economic Activity
Incremental growth in FY22 over FY21 was ₹9.41 lakh crore.
Infographics
Kolkata's Bangur Richest Cement Entrepreneur
Benu Gopal Bangur of Shree Cement leads the cement category, followed by Yadu Hari Dalmia of Dalmia Bharat and Sushila Devi Singhania of J K Cements.
Anil Gupta of Havells richest among consumer cos
Anil Rai Gupta of Havells India leads the consumer goods category.
Retail King Radhakishan Damani owns 77% of sector wealth
He’s followed by Rafique A. Malik of Metro Brands, Suder Genomal of Page Industries
Top 10 By Rise In Wealth
Cyrus Poonawalla, Mukesh Ambani, Savitri Jindal and Shiv Nadar's wealth grew the most in 2023 over 2022.
Infographics
Kolkata's Bangur Richest Cement Entrepreneur
Benu Gopal Bangur of Shree Cement leads the cement category, followed by Yadu Hari Dalmia of Dalmia Bharat and Sushila Devi Singhania of J K Cements.
Anil Gupta of Havells richest among consumer cos
Anil Rai Gupta of Havells India leads the consumer goods category.
Retail King Radhakishan Damani owns 77% of sector wealth
He’s followed by Rafique A. Malik of Metro Brands, Suder Genomal of Page Industries
Top 10 By Rise In Wealth
Cyrus Poonawalla, Mukesh Ambani, Savitri Jindal and Shiv Nadar's wealth grew the most in 2023 over 2022.
Leave a Comment
Your email address will not be published. Required field are marked*