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Banks' loans rose 6.6% y-o-y in two weeks to Nov 25: RBI

In the same period the deposits rose 15.9 per cent

Photo: Kamlesh Pednekar

An image of RBI headquarters in Mumbai (Photo: Kamlesh Pednekar)

Reuters

Indian banks' loans rose 6.6 per cent in the two weeks to November 25 from a year earlier, while deposits rose 15.9 per cent, the Reserve Bank of India's weekly statistical supplement showed on Friday.

Outstanding loans fell 609.90 billion rupees ($9.04 billion) to 72.92 trillion rupees in the two weeks to November 25. Non-food credit fell 656.80 billion rupees to 72.01 trillion rupees, while food credit rose 46.90 billion rupees to 917.80 billion rupees.

Bank deposits rose 4.03 trillion rupees to 105.18 trillion rupees in the two weeks to November 25.

 

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First Published: Dec 09 2016 | 5:42 PM IST

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