Banks’ Loans Rose 5.7% In Two Weeks To November 6: Reserve Bank Of India

4

Banks’ loans rose 5.7 per cent in the two weeks to November 6 from a year earlier, while deposits rose 10.6 per cent, the Reserve Bank of India’s weekly statistical supplement showed on Friday.

Outstanding loans rose ₹ 66,082 crore to ₹ 104.05 lakh crore in the two weeks to November 6.

Non-food credit rose ₹ 49,110 crore to ₹ 103.21 lakh crore, while food credit rose ₹ 16,972 crore to ₹ 83,631 crore

READ  Covid-hit Indian economy to witness gradual recovery, says RBI Governor