Banks' loans rose 9.5% annually in two weeks to Oct 2: RBI

Indian banks' loans rose 9.5% in the two weeks to Oct 2 from a year earlier, while deposits rose 11.3%, the Reserve Bank of India's weekly statistical supplement showed on Friday.

Outstanding loans rose 1.24 trillion rupees ($19.15 billion) to 68.30 trillion rupees in the two weeks to Oct. 2. Non-food credit rose 1.39 trillion rupees to 67.43 trillion rupees, while food credit fell 152.80 billion rupees to 874.60 billion rupees.

Bank deposits rose 2.04 trillion rupees to 91.64 trillion rupees in the two weeks to Oct. 2.

($1 = 64.8350 Indian rupees)