Oct 21 (Reuters) – Indian banks’ loans rose 17.9% in the two weeks to Oct. 7 from a year earlier, while deposits rose 9.6%, the Reserve Bank of India’s weekly statistical supplement showed on Friday.
Outstanding loans rose 2.30 trillion rupees ($27.78 billion) to 128.60 trillion rupees in the two weeks to Oct. 7.
Non-food credit rose 2.31 trillion rupees to 128.39 trillion rupees, while food credit fell 11.55 billion rupees to 206.33 billion rupees.
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Bank deposits rose 2.41 trillion rupees to 172.73 trillion rupees in the two weeks to Oct. 7.
Source text: (https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx)
($1 = 82.8740 Indian rupees)
((India Headline News Team; +91 80 6749 1310))
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