Indian banks' loans rose 9.4 percent y/y in two weeks to June 24 - RBI | Reuters - Firstpost
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Indian banks' loans rose 9.4 percent y/y in two weeks to June 24 - RBI | Reuters

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Indian banks' loans rose 9.4 percent in the two weeks to June 24 from a year earlier, while deposits rose 9.7 percent, the Reserve Bank of India's weekly statistical supplement showed on Friday.

Outstanding loans rose 49.50 billion rupees ($735.24 million) to 72.56 trillion rupees in the two weeks to June 24. Non-food credit rose 13.80 billion rupees to 71.56 trillion rupees, while food credit rose 35.70 billion rupees to 1.00 trillion rupees.

Bank deposits rose 302.80 billion rupees to 95.96 trillion rupees in the two weeks to June 24.

Source text: (here)

($1 = 67.3250 rupees)

This story has not been edited by Firstpost staff and is generated by auto-feed.

First Published On : Jul 8, 2016 23:03 IST

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