Banks' Loans Rose 6.6% On Year In Two Weeks: RBI

Banks' Loans Rose 6.6% On Year In Two Weeks: RBI
Bank deposits rose Rs 4.03 lakh crore to Rs 105.18 lakh crore in the two weeks to November 25.

Indian banks' loans rose 6.6 per cent in the two weeks to November 25 from a year earlier, while deposits rose 15.9 per cent, the Reserve Bank of India's weekly statistical supplement showed on Friday.

Outstanding loans fell Rs 60,990 crore ($9.04 billion) to Rs 72.92 lakh crore in the two weeks to November 25.

Non-food credit fell Rs 65,680 crore to Rs 72.01 lakh crore, while food credit rose Rs 4,690 crore to Rs 91,780 crore.

Bank deposits rose Rs 4.03 lakh crore to Rs 105.18 lakh crore in the two weeks to November 25.

($1 = Rs 67.4450)

© Thomson Reuters 2016
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