 "RBI")
Bank credit and deposits grew 6.25 per cent and 10.64 per cent year-on-year to Rs 102.23 trillion and Rs 138.30 trillion, respectively, in the fortnight ended May 22, according to the latest data from the Reserve Bank of India.
In the fortnight ended May 24, 2019, bank loans had stood at Rs 96.21 trillion and deposits at Rs 124.99 trillion, the RBI data showed.
On a fortnightly basis, bank advances de-grew by 0.3 per cent or Rs 28,683.47 crore to Rs 102.23 trillion in the reporting period from Rs 102.51 trillion as on fortnight ended May 24, 2020.
Deposits' growth remained stable on
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