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Indian bank loans up 26.3 pct in two weeks to June 20

Fri Jul 4, 2008 5:02pm IST
 
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MUMBAI, July 4 (Reuters) - Indian banks' loans INLOAN=ECI rose 26.3 percent year-on-year in the two weeks to June 20, the central bank's weekly statistical supplement showed on Friday.

Deposits were up 21.9 percent from a year earlier.

Outstanding loans rose 120.30 billion rupees to 23.92 trillion rupees in the two weeks to June 20.

Non-food credit rose by 111.20 billion rupees to 23.42 trillion rupees in the two weeks, while food credit rose by 9.09 billion rupees to 501.47 billion rupees in the same period.

Banks' deposits fell by 72.03 billion rupees to 32.50 trillion rupees in the two weeks to June 20. (Reporting by Mumbai Treasury Desk)

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