Report on Deployment of Bank Credit to G and J sector- October 2021

The Gem & Jewellery Export Promotion Council |Published in Oct’21 Deployment of bank credit August, 2021  Bank credit deployed as on Aug’21  Monthly movement is deployment of bank credit  Monthly export performance of the G&J sector  Export performance vs Bank credit deployed

Source : Reserve Bank of India Credit deployed to the all industries Credit deployed to the G&J Sector The Gem & Jewellery Export Promotion Council |Published in Oct’21 Bank credit deployed as on August - 2021 27,453 27,787 28,196 27,000 27,200 27,400 27,600 27,800 28,000 28,200 28,400 Aug-19 Aug-20 Aug-21 INR Billion 700 542 617

100 200 300 400 500 600 700 800 Aug-19 Aug-20 Aug-21 INR Billion 1.2% 1.5% -22.5% 13.8% -25.0% -20.0% -15.0% -10.0% -5.0% 0.0% 5.0% 10.0% 15.0% 20.0% Aug-20 Aug-21 Change in credit to G&J Sector (Y-O-Y) Change in credit to Industry (Y-O-Y)

Monthly o/s credit to all industries Monthly o/s credit to the G&J Sector The Gem & Jewellery Export Promotion Council |Published in Oct’21 Source : Reserve Bank of India Monthly movement is deployment of bank credit 27,749 27,398 27,533 27,602 27,816 27,862 29,180 28,959 28,838 28,673 28,249 28,196 27,000 27,500 28,000 28,500 29,000 29,500 Jun-20 Sep-20 Jan-21 Apr-21 Jul-21 Oct-21 INR Billion 556 574 609 630 613 612 627 593 580 602 614 617 540 560 580 600 620 640 Jun-20 Sep-20 Jan-21 Apr-21 Jul-21 Oct-21 INR Billion -1.3% 0.5% 0.3% 0.8% 0.2% 4.7% -0.8% -0.4% -0.6% -1.5% -0.2% 3.2% 6.2% 3.4% -2.6% -0.3% 2.5% -5.4% -2.2% 3.7% 2.1% 0.5% -8.0% -6.0% -4.0% -2.0% 0.0% 2.0% 4.0%

Jan-21 Apr-21 Jul-21 Oct-21 INR Billion -1.3% 0.5% 0.3% 0.8% 0.2% 4.7% -0.8% -0.4% -0.6% -1.5% -0.2% 3.2% 6.2% 3.4% -2.6% -0.3% 2.5% -5.4% -2.2% 3.7% 2.1% 0.5% -8.0% -6.0% -4.0% -2.0% 0.0% 2.0% 4.0% 6.0% 8.0% Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Change in credit to Industry Change in credit to G&J Sector

Source : GJEPC Analysis The Gem & Jewellery Export Promotion Council |Published in Oct’21 Monthly export performance of the G&J sector April May June July Aug Sept Oct Nov Dec Jan Feb March FY 2020 2.99 3.30 3.09 3.05 3.05 3.42 3.61 2.68 2.44 2.90 2.97 1.96 FY 2021 0.04 1.06 1.65 1.51 1.78 2.51 2.92 2.55 2.54 2.67 2.64 3.42 FY 2022 3.37 2.90 2.86 3.36 3.29 2.99 3.30 3.09 3.05 3.05 3.42 3.61 2.68 2.44 2.90 2.97 1.96 0.04 1.06 1.65 1.51 1.78 2.51 2.92 2.55 2.54 2.67 2.64 3.42 3.37 2.90 2.86 3.36 3.29

0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00 USD Billion FY 2020 FY 2021 FY 2022

The Gem & Jewellery Export Promotion Council |Published in Oct’21 Source : GJEPC Analysis Export performance vs Bank credit deployed 43.20 41.01 39.76 35.46 25.29 10.65 11.17 10.37 7.89 8.57

5.00 10.00 15.00 20.00 25.00 30.00 35.00 40.00 45.00 50.00 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 USD Billion Industry export turnover Gross bank credit 25% 27% 26% 22% 34%

.37 7.89 8.57

5.00 10.00 15.00 20.00 25.00 30.00 35.00 40.00 45.00 50.00 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 USD Billion Industry export turnover Gross bank credit 25% 27% 26% 22% 34%

The Gem & Jewellery Export Promotion Council |Published in Oct’21 For any information contact: Mr. Sudhir Patil Assistant Manager – Trade Policy & Projects Tel : +91 22 2654 4600 Fax : +91 22 2652 4764 ho@gjepcindia.com | www.gjepc.org Disclaimer This report is prepared by The Gems and Jewellery Export Promotion Council (GJEPC) for general guidance and information purposes only and should not be reproduced or disseminated to others without the permission of The Gems and Jewellery Export Promotion Council. Though, every effort is done to confirm the accuracy and completeness of the data contained, the GJEPC takes no responsibility and assumes no liability for any error/ omission or accuracy of the report. Readers of the report should seek professional advice or arrive at their own judgement and conclusion before making any decision based on this report.