Indian banks' loans increased 20.2% annually in two weeks to March 22, reaching 164.35 trillion rupees.

Indian banks' loans increased 20.2% annually in the two weeks to March 22, according to the Reserve Bank of India. Outstanding loans rose 1.21 trillion rupees ($14.54bn) to 164.35 trillion rupees, while deposits rose 13.5% to 204.75 trillion rupees. Non-food credit grew 1.30 trillion rupees to 164.12 trillion rupees, while food credit fell 86.23 billion rupees to 230.81 billion rupees.

April 05, 2024
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