Question

    Scheduled commercial banks (SCBs) reported a robust

    credit growth of how much percent in FY23 against 9.7 per cent in FY22?
    A 12.1 % Correct Answer Incorrect Answer
    B 12.7 % Correct Answer Incorrect Answer
    C 13.5 % Correct Answer Incorrect Answer
    D 15.4 % Correct Answer Incorrect Answer
    E 17.2 % Correct Answer Incorrect Answer

    Solution

    Scheduled commercial banks (SCBs) reported a robust credit growth of 15.4 per cent in FY23 against 9.7 per cent in FY22, powered by growth in personal loans, and loans to services sector and agriculture and allied activities.

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