Intel IT Update
The chamber said in `99-00 the poor bank lending has constrained the medium and long-term growth prospects of the economy and, is therefore, a cause for worry. Also the tendency to ignore the claim of even the resurgent sectors while disbursing bank credit would send wrong signals to industry as despite the sharp increase in overall bank credit in `99-00 the proportionate share of gross bank credit for industrial activities has fallen sharply.
Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.
feedback@financialexpress.com