The cumulative figure stood at Rs. 7.206 trillion as against Rs. 7.168 trillion in September. In August it was Rs. 7.09 trillion.

Annual growth as at October was 9.8% as against a decline of 5.4% in September and 4.3% dip in October last year.

A pick up in private sector credit was first seen in June with an increase of Rs. 74 billion and again in September by Rs. 70 billion but October gain was lower.