Indian banks’ loans rose 19.5% within the two weeks to Could 17 from a yr earlier, whereas deposits rose 13.3%, the Reserve Financial institution of India’s weekly statistical complement confirmed on Friday.
Excellent loans fell Rs 23,207 crore ($2.78 billion) to Rs 166.09 trillion within the two weeks to Could 17.
Non-food credit score fell 267.01 billion rupees to 165.67 trillion rupees, whereas meals credit score rose Rs 3,494 crore to Rs 41,273 crore.
Financial institution deposits fell Rs 1.24 trillion to Rs 208.14 trillion within the two weeks to Could 17.
(Solely the headline and film of this report might have been reworked by the Enterprise Customary workers; the remainder of the content material is auto-generated from a syndicated feed.)
First Printed: Could 31 2024 | 6:06 PM IST