Bank loan, deposit portfolios show increase

The loan and deposit portfolios of scheduled commercial banks as on June 26, 2015 showed an uptrend, the Reserve Bank of India (RBI) said.

According to RBI, scheduled commercial banks saw a growth in their credit portfolio (loans, cash credits and overdrafts) to Rs.66,593.36 billion as on June 26, 2015 up from Rs.60,949.44 billion as on June 27, 2014.

Similarly, deposits of the banks stood at Rs.87,985.35 billion as on June 26, 2015, up from Rs.78,993.37 billion as on June 27, 2014.

The food credit outstanding of scheduled commercial banks as on June 26 this year was Rs.1,114.35 billion against Rs.1,144.1 billion as on June 27, 2014.