Credit to private sector expands by Rs. 811 b, up 116% in comparison to Rs. 374 b in 2020Cumulative credit outstanding of private sector by end 2021 near Rs. 7 trillion mark with 13% expansionPrivate sector borrowings last year more than doubled aided by low interest rates and post-COVID return to normalcy. As per latest provisional data released by the Central Bank, private sector borrowing in December amounted to Rs. 61 billion bringing the full year total in 2021 to Rs. 811 billion as against Rs. 374 billion in 2020. The cumulative credit outstanding to the private sector ended as at end 20…