Ravi Karandeekar's Pune Real Estate Market News Blog: Banks` lending to sensitive sectors up 42%

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Thursday, July 5, 2007

Banks` lending to sensitive sectors up 42%

Bank lending to sensitive sectors has gone up by 42.3 per cent in 2006-07 to Rs 3,44,525 crore.
This shows that banks have have lent over Rs 100,000 crore in each of the last two years. Real estate and capital markets, which are sensitive to asset price fluctuations, are termed as sensitive sectors by the Reserve Bank of India. ......
Banks` lending to sensitive sectors up 42%