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Money & Banking - Credit Market
Bank credit up Rs 24,181 cr

Our Bureau

Mumbai , Jan. 5

Gross bank credit increased by Rs 24,181 crore to Rs 17,33,679 crore as on December 22, 2006, according to the Reserve Bank of India's Weekly Statistical Supplement.

Of this, food credit increased by Rs 1,264 crore to touch Rs 41,629 crore and non-food credit increased by Rs 22,918 crore to touch Rs 16,92,050 crore.

Total accommodation provided by banks to the commercial sector in the form of bank credit and investments in shares, debentures, bonds, commercial paper, etc was at Rs 17,72,835 crore.

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