Indian banks' loans rose 5.1 percent in two weeks to March 31 - RBI | Reuters

Indian banks' loans rose 5.1 percent in the two weeks to March 31 from a year earlier, while deposits rose 11.8 percent, the Reserve Bank of India's weekly statistical supplement showed on Friday.

Outstanding loans rose 3.16 trillion rupees ($49.08 billion) to 78.82 trillion rupees in the two weeks to March 31. Non-food credit rose 3.18 trillion rupees to 78.28 trillion rupees, while food credit fell 19.30 billion rupees to 539.30 billion rupees.

Bank deposits rose 2.63 trillion rupees to 108.05 trillion rupees in the two weeks to March 31.

Source text: (here)($1 = 64.4230 rupees)

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

Firstpost is now on WhatsApp. For the latest analysis, commentary and news updates, sign up for our WhatsApp services. Just go to Firstpost.com/Whatsapp and hit the Subscribe button.

Updated Date: Apr 14, 2017 23:00:07 IST

Also See