Current Affairs - Finance - Discussion

Discussion Forum : Finance - Latest Current Affairs (Q.No. 229)
229.
What is the record-high bank credit outstanding to real estate in India in July 2023?
Rs 32 trillion
Rs 22 trillion
Rs 35 trillion
Rs 28 trillion
Answer: Option
Explanation:
The Reserve Bank of India (RBI) data showed that bank credit outstanding to real estate in India reached an all-time high of Rs 28 trillion in July 2023. This was driven by both housing and commercial real estate segments, with annual increases of approximately 37.4% and 38.1%, respectively.
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