01-01-1970 12:00 AM | Source: Reuters
Indian banks` loans rose 14% y/y in two weeks to July 15 - central bank
Indian banks' loans rose 14% in the two weeks to July 15 from a year earlier, while deposits rose 8.4%, the Reserve Bank of India's weekly statistical supplement showed on Friday.
Outstanding loans fell 1.02 trillion rupees ($12.85 billion) to 122.81 trillion rupees in the two weeks to July 15.
Non-food credit fell 1.00 trillion rupees to 122.45 trillion rupees, while food credit fell 14.88 billion rupees to 359.28 billion rupees.
Bank deposits fell 1.51 trillion rupees to 168.10 trillion rupees in the two weeks to July 15.
Latest News
`Two-thirds of Indian companies striving for better ...
`Two-thirds of Indian companies striving for better ...
India's government lifts ban on onion exports, sets ...
Ola Krutrim opens AI Cloud infrastructure for develo...
Asian Energy Services Limited Q4FY24: Reports signi...
IDBI Bank reports 55% rise in profits on YoY basis
Accumulate Symphony Ltd Target Rs. 1,151 - Geojit Fi...
`Markets can turn volatile in the near term`
India`s Kotak Mahindra Bank beats estimates with 26%...
Coming Week's Market Report from Arvinder Singh Nand...