Dec 29 (Reuters) – Indian banks’ loans rose 20.2% in the two weeks to Dec. 15 from a year earlier, while deposits rose 14%, the Reserve Bank of India’s weekly statistical supplement showed on Friday.
Outstanding loans fell 201.79 billion rupees ($2.43 billion) to 158.05 trillion rupees in the two weeks to Dec. 15.
Non-food credit fell 209.86 billion rupees to 157.63 trillion rupees, while food credit rose 8.07 billion rupees to 424.99 billion rupees.
Bank deposits fell 949.39 billion rupees to 197.92 trillion rupees in the two weeks to Dec. 15.
Source text: (https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx)
($1 = 83.1550 Indian rupees)
((India Headline News Team; +91 80 6749 1310))
