April 8 (Reuters) – Indian banks’ loans rose 9.6% in the two weeks to March 25 from a year earlier, while deposits rose 8.9%, the Reserve Bank of India’s weekly statistical supplement showed on Friday.
Outstanding loans rose 1.78 trillion rupees ($23.51 billion) to 118.91 trillion rupees in the two weeks to March 25.
Non-food credit rose 1.84 trillion rupees to 118.36 trillion rupees, while food credit fell 58.97 billion rupees to 550.11 billion rupees.
Bank deposits rose 1.89 trillion rupees to 164.65 trillion rupees in the two weeks to March 25.
Source text: (https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx)
($1 = 75.8330 Indian rupees)
((India Headline News Team; +91 80 6749 1310))
