Indian banks` loans rose 13.6% y/y in two weeks to Aug 9 - central bank
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Indian banks' loans rose 13.6% in the two weeks to Aug. 9 from a year earlier, while deposits rose 10.9%, the Reserve Bank of India's weekly statistical supplement showed on Friday.
Outstanding loans rose 673.27 billion rupees ($8.03 billion) to 168.81 trillion rupees in the two weeks to Aug. 9.
Non-food credit rose 675.86 billion rupees to 168.53 trillion rupees, while food credit fell 2.59 billion rupees to 279.31 billion rupees.
Bank deposits rose 1.35 trillion rupees to 213.28 trillion rupees in the two weeks to Aug. 9.
Source text: (https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx)
($1 = 83.8760 Indian rupees)
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