Bank credit grows 7.1% to Rs 99.5 lakh crore

Banks’ credit and deposits grew by 7.1% and 10.1% to Rs 99.5 lakh crore and Rs 130 lakh crore in the fortnight ended December 20, according to the latest RBI data. In the yearago fortnight, banks’ advances stood at Rs 92.9 lakh crore, while deposits were at Rs 118.2 lakh crore.

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