March 8 (Reuters) – Indian banks’ loans rose 20.5% in the two weeks to Feb. 23 from a year earlier, while deposits rose 13.1%, the Reserve Bank of India’s weekly statistical supplement showed on Friday.
Outstanding loans rose 598.86 billion rupees ($7.24 billion) to 162.07 trillion rupees in the two weeks to Feb.
23.
Non-food credit rose 658.26 billion rupees to 161.67 trillion rupees, while food credit fell 59.40 billion rupees to 405.02 billion rupees.
Bank deposits rose 94.91 billion rupees to 202.05 trillion rupees in the two weeks to Feb.
23.
Source text: (https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx)
($1 = 82.7010 Indian rupees)
(India Headline News Team; +91 80 6749 1310)
