Indian banks' loans rose 10.4 percent in two weeks to April 15

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Reuters
Last Updated : Apr 29 2016 | 5:14 PM IST

REUTERS - Indian banks' loans rose 10.4 percent in the two weeks to April 15 from a year earlier, while deposits rose 10.1 percent, the Reserve Bank of India's weekly statistical supplement showed on Friday.

Outstanding loans fell 2.70 trillion rupees ($40.69 billion) to 72.60 trillion rupees in the two weeks to April 15. Non-food credit fell 2.60 trillion rupees to 71.69 trillion rupees, while food credit fell 105.70 billion rupees to 906.40 billion rupees.

Bank deposits fell 1.75 trillion rupees to 95.46 trillion rupees in the two weeks to April 15.

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First Published: Apr 29 2016 | 5:05 PM IST

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