Oct 17 (Reuters) – Indian banks’ loans rose 11.4% in the two weeks to Oct. 3 from a year earlier, while deposits rose 9.9%, the Reserve Bank of India’s weekly statistical supplement showed on Friday.
Outstanding loans rose 3.63 trillion rupees ($41.28 billion) to 192.66 trillion rupees in the two weeks to Oct. 3.
Non-food credit rose 3.66 trillion rupees to 192.23 trillion rupees, while food credit fell 26.25 billion rupees to 426.59 billion rupees.
Bank deposits rose 5.52 trillion rupees to 240.98 trillion rupees in the two weeks to Oct. 3.
Source text: (https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx)
($1 = 88.0020 Indian rupees)
((India Headline News Team; +91 80 6749 1310))
