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Indian banks' loans rose 19.2% y/y in two weeks to June 14 - central bank

Reuters
·1-min read
FILE PHOTO: A worker walks past the logo of Reserve Bank of India inside its office in New Delhi

June 28 (Reuters) - Indian banks' loans rose 19.2% in the two weeks to June 14 from a year earlier, while deposits rose 12.6%, the Reserve Bank of India's weekly statistical supplement showed on Friday.

Outstanding loans fell 716.02 billion rupees ($8.59 billion) to 167.11 trillion rupees in the two weeks to June 14.

Non-food credit fell 682.66 billion rupees to 166.74 trillion rupees, while food credit fell 33.36 billion rupees to 369.23 billion rupees.

Bank deposits fell 1.84 trillion rupees to 209.03 trillion rupees in the two weeks to June 14.

Source text: (https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx)

($1 = 83.3652 Indian rupees)

((India Headline News Team; +91 80 6749 1310))