A cashier displays the new 2000 Indian rupee banknotes inside a bank in Jammu. Image Source: Reuters
Indian banks' loans rose 5.1% in the two weeks to March 31 from a year earlier, while deposits rose 11.8%, the Reserve Bank of India`s (RBI) weekly statistical supplement showed on Friday.
Outstanding loans rose Rs 3.16 trillion ($49.08 billion) to Rs 78.82 trillion in the two weeks to March 31.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.