The Hindu Business Line : Non-food credit rises Rs 68,779 cr in 5 months

LOANS (non-food gross bank credit) rose by Rs 68,779 crore to Rs 10,00,245 crore over the five months ended August 19, 2005, according to statistics put out by the RBI on deployment of non-food bank credit.

This data was taken from the statement on macroeconomic and monetary developments, a prelude to the Credit Policy review to be released on Tuesday. Loans to infrastructure, housing and real estate sectors saw the maximum increase during this five-month period.

Infrastructure loans rose by Rs 25,735 crore to touch Rs 82,444 crore as on August 19.

In the same period, housing loans rose Rs 22,176 crore to touch Rs 97,349 crore while real estate loans rose Rs 5,952 crore to reach Rs 16,564 crore.

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