REUTERS - Indian banks’ loans rose 6.6 percent in the two weeks to Nov. 25 from a year earlier, while deposits rose 15.9 percent, the Reserve Bank of India’s weekly statistical supplement showed on Friday.
Outstanding loans fell 609.90 billion rupees ($9.04 billion) to 72.92 trillion rupees in the two weeks to Nov. 25. Non-food credit fell 656.80 billion rupees to 72.01 trillion rupees, while food credit rose 46.90 billion rupees to 917.80 billion rupees.
Bank deposits rose 4.03 trillion rupees to 105.18 trillion rupees in the two weeks to Nov. 25.
Source text: (here)
$1 = 67.4450 rupees