RBI data shows bank credit grows by 10.26%, deposits 10.02%

In the previous fortnight ended August 30, 2019, bank loans increased by 10.24 per cent to Rs 96.80 lakh crore and deposits by 9.73 per cent to Rs 127.80 lakh crore. In July, the non-food bank credit increased by 11.4 per cent on year-on-year (y-o-y) basis, as compared with an growth of 10.6 per cent in July 2018.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2mV1ReM