Indian banks loans up 10.4% in two weeks to Sept 30: RBI
Indian banks loans up 10.4% in two weeks to Sept 30: RBI
Indian banks' loans rose 10.4% in the two weeks to September 30 from a year earlier, while deposits rose 11.3%, the Reserve Bank of India's (RBI) weekly statistical supplement showed on Friday.
Outstanding loans rose Rs 2,11,000 crore ($31.56 billion) to Rs 75,20,999 crore in the two weeks to September 30 this year.
Non-food credit rose Rs 2,21,000 crore to Rs 74,35,000 crore, while food credit fell Rs 10,530 crore to Rs 854.60 crore.
Bank deposits rose Rs 3,52,000 crore to Rs 1,01,43000 crore in the two weeks to September 30.
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