Indian banks' loans rose 11.5 percent in the two weeks to Feb. 5 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 630.90 billion rupees ($9.21 billion) to 71.53 trillion rupees in the two weeks to Feb. 5. Non-food credit rose 565.80 billion rupees to 70.45 trillion rupees, while food credit rose 65.10 billion rupees to 1.09 trillion rupees.
Bank deposits rose 912.60 billion rupees to 93.61 trillion rupees in the two weeks to Feb. 5.
Source text: (here)
($1 = 68.5350 Indian rupees)
((India Headline News Team; +91 80 6749 1310))
This story has not been edited by Firstpost staff and is generated by auto-feed.
Published Date: Feb 20, 2016 02:15 am | Updated Date: Feb 20, 2016 02:15 am