EQUIPMENT LEASING- Complementary Role in Financing of Industry

on the other hand expanded at a much slower pace (Rs ,841 crore compared with Rs 1,388 crore) despite the relaxations effected in credit policies in June 1982. These trends are reflective of the .sharp change, within three months, from a situation of liquidity stringency and unsatisfied demand for credit to one of excess liquidity in the banking system caused by slackness in demand for credit.