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 Money & Banking - Credit Market
Non-food credit up by Rs 22,265 cr

Our Bureau

Mumbai, July 21

Gross bank credit increased by Rs 18,822 crore and stood at Rs 15.4 lakh crore for the fortnight ended July 7, according to Reserve Bank of India's weekly statistical supplement. The gross bank credit was inclusive of food credit, which decreased by Rs 3,444 crore to touch Rs 37,854 crore, and non-food credit, which increased by Rs 22,265 crore to Rs 15 lakh crore . Total accommodation provided by scheduled commercial banks to the commercial sector in the form of bank credit and investment in shares, debentures, bonds and commercial paper was at Rs 15.8 lakh crore .

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