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IDBI Capital Report
Credit growth in October month continued its up-move; stood at 6.9% year-on-year as compared to 6.8% year-on-year in September, and expected to improve further in coming months with festive season and pick-up in economic activity.
Improvement in credit growth was led by Industry credit.
Industry portfolio growth further picked up in October month at 4.1% year-on-year (2.5% year-on-year in September 2021).
Within Industry portfolio, large industry segment reported (positive) growth at 0.5% year-on-year versus negative growth in last few months.
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