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Business News/ News / India/  Indian banks' loans rose 6.6% y/y in 2 weeks to Feb 26: RBI
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Indian banks' loans rose 6.6% y/y in 2 weeks to Feb 26: RBI

Outstanding loans rose ₹71,273 crore ($9.79 billion) to ₹107.75 trillion in the period

Bank deposits rose ₹1.52 trillion to ₹149.34 trillion. (Mint)Premium
Bank deposits rose 1.52 trillion to 149.34 trillion. (Mint)

BENGALURU : Indian banks' loans rose 6.6% in the two weeks to Feb. 26 from a year earlier, while deposits rose 12.1%, the Reserve Bank of India's weekly statistical supplement showed on Friday.

Outstanding loans rose 71,273 crore ($9.79 billion) to 107.75 trillion in the period.

Non-food credit rose 71,355 crore to 107 trillion, while food credit fell 81 crore to 75,206 crore.

Bank deposits rose 1.52 trillion to 149.34 trillion.

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Published: 12 Mar 2021, 06:06 PM IST
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