Business Standard

Tuesday, December 24, 2024 | 07:35 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

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

Image

Reuters

REUTERS - 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.

Source text: (https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=38302)

($1 = 66.7250 Indian rupees)

((India Headline News Team; +91 80 6749 1310))

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 14 2016 | 5:04 PM IST

Explore News