In FY23, scheduled commercial banks registered a credit growth of __ per cent, driven mainly by growth in personal loans and credit to the services sector and agriculture and allied activities.

Daily Quiz on Current Affairs by Gkseries – 2 May 2023

(a) 5.4%

(b) 9.7%

(c) 12.6%

(d) 15.4%

Ans.(d)

Sol. Scheduled commercial banks (SCBs) reported a robust credit growth of 15.4% in FY23 compared to 9.7% in FY22.

Daily Current Affairs Quiz
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