India, Jan. 29 -- Eurozone lending to private sector grew at a faster pace in December on falling interest rates and the broad money supply logged a slower expansion, data from the European Central Bank revealed Wednesday.
Despite tightening credit conditions, adjusted loans to the private sector gained 2.0 percent compared to a 1.5 percent rise in November.
Among the borrowing sectors, growth in loans to households increased to 1.1 percent from 0.9 percent in November. Likewise, loans to non-financial corporations climbed 1.5 percent, faster than the 1.0 percent rise a month ago.
Claims on the private sector increased at a pace of 1.7 percent in December after a 1.3 percent rise in November.
The broad money supply M3 logged an annual g...