Banks’ loans rose 5.8% in two weeks to December 9: Reserve Bank

Banks’ loans rose 5.8% in two weeks to December 9: Reserve Bank

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Banks' loans rose 5.8% in two weeks to December 9: Reserve Bank

Indian banks’ loans rose 5.8 per cent in the two weeks to Dec. 9 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 rose by Rs. 46830 crore to Rs. 73.39  lakh crore in the two weeks to December 9. Non-food credit rose Rs. 38,690 crore to Rs. 72.39 lakh crore, while food credit rose Rs. 8140 crore to Rs. 99920 crore.

Bank deposits rose Rs. 73,520 crore to Rs. 105.91 lakh crore in the two weeks to December 9
[“source-ndtv”]