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Banks' deposits, loans up marginally in 2 weeks to May 3 - RBI

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Reuters MUMBAI
Last Updated : May 15 2013 | 5:35 PM IST

MUMBAI (Reuters) - Banks' deposits and advances marginally rose 0.66 percent and 0.96 percent respectively in the two weeks to May 3, provisional data from the Reserve Bank of India showed on Wednesday.

As of May 3, deposits stood at 68.84 trillion rupees, while advances were at 53.41 trillion rupees.

On a year-on-year basis, deposits were up 13.49 percent and advances grew 14.96 percent.

(Reporting by Neha Dasgupta; Editing by Anupama Dwivedi)

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First Published: May 15 2013 | 5:27 PM IST

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