Bank credit grows 5.33%; deposits rise 10.94%

Care Ratings in a recent report said the bank credit growth rate continues to decline, however, in absolute terms bank credit (in the fortnight ended April 9, 2021) increased by Rs 5.5 lakh crore as compared to the fortnight ended April 10, 2020, but declined by Rs 0.62 lakh crore from the previous fortnight ended March 26, 2021.

from Banking/Finance-Industry-Economic Times https://ift.tt/3sQ6xPb