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Indian banks’ loans rose 6.1% in two weeks to Dec 18 – RBI

VC by VC
January 1, 2021
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Indian banks’ loans rose 6.1% in two weeks to Dec 18 – RBI
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FILE PHOTO: A Reserve Financial institution of India (RBI) emblem is seen on the gate of its workplace in New Delhi, India, November 9, 2018. REUTERS/Altaf Hussain/File Picture

(Reuters) – Indian banks’ loans rose 6.1% within the two weeks to Dec. 18 from a yr earlier, whereas deposits rose 11.3%, the Reserve Financial institution of India’s weekly statistical complement confirmed on Friday.

Excellent loans rose 518.61 billion rupees ($7.09 billion) to 105.50 trillion rupees within the two weeks to Dec. 18.

Non-food credit score rose 546.21 billion rupees to 104.56 trillion rupees, whereas meals credit score fell 27.60 billion rupees to 931.52 billion rupees.

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Financial institution deposits fell 1.01 trillion rupees to 144.83 trillion rupees within the two weeks to Dec. 18.

Supply textual content: (here)

($1 = 73.1200 Indian rupees)

India Headline Information Crew; +91 80 6749 1310



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