Bank credit up 12%, deposits 10.6%; non-food credit increases 11.1%
Bank credit and deposits rose by 12.01 percent and 10.59 percent to Rs 96.57 lakh crore and Rs 126.491 lakh crore respectively for the fortnight to July 19, show the RBI data. In the year-ago fortnight, bank credit stood at Rs 86.09 lakh crore while deposits were at Rs 114.371 lakh crore. In the previous fortnight ending July 5, bank loans had grown by 12.02 percent to Rs 96.97 lakh crore and deposits by 10.32 percent to Rs 126.746 lakh crore. Non-food credit, on a year-on-year basis, increased... Читать дальше...