Banks' loans rose 10.4 pct in two weeks to Sept 30 - RBI

Source : REUTERS
Last Updated: Fri, Oct 14, 2016 17:32 hrs
Rupee (AP photo)

Indian banks' loans rose 10.4 percent in the two weeks to Sept. 30 from a year earlier, while deposits rose 11.3 percent, the Reserve Bank of India's weekly statistical supplement showed on Friday.

Outstanding loans rose 2.11 trillion rupees ($31.56 billion) to 75.21 trillion rupees in the two weeks to Sept. 30. Non-food credit rose 2.21 trillion rupees to 74.35 trillion rupees, while food credit fell 105.30 billion rupees to 854.60 billion rupees.

Bank deposits rose 3.52 trillion rupees to 101.43 trillion rupees in the two weeks to Sept. 30.


($1 = 66.7250 Indian rupees)



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