29/07/2023 9:29:51 AM | Source: Reuters
Indian banks` loans rose 20.2% y/y in two weeks to July 14 - central bank
Indian banks' loans rose 20.2% in the two weeks to July 14 from a year earlier, while deposits rose 13.2%, the Reserve Bank of India's weekly statistical supplement showed on Friday.
Outstanding loans rose 3.73 trillion rupees ($45.33 billion) to 147.64 trillion rupees in the two weeks to July 14.
Non-food credit rose 3.76 trillion rupees to 147.40 trillion rupees, while food credit fell 36.03 billion rupees to 243.04 billion rupees.
Bank deposits fell 1.25 trillion rupees to 190.30 trillion rupees in the two weeks to July 14.
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