Share of industrial loans in bank credit on decline, personal loans up: RBI
NEW DELHI: The share of industrial loans in total credit has been gradually declining over the last decade while that of personal loans is on the rise, the Reserve Bank of India (RBI) said on Wednesday. Both industrial and personal loans had nearly 27 per cent credit share each in March 2022, as per the […]
Bank credit grows 8.01% to Rs 115 trillion; deposits 9.28% to Rs 159 trillion
NEW DELHI: Bank credit grew 8.01 per cent to Rs 115 lakh crore and deposits rose 9.28 per cent to Rs 159.83 lakh crore in the fortnight ended January 14, according to Reserve Bank of India (RBI) data. In the fortnight ended January 15, 2021, bank credit stood at Rs 106.43 lakh crore and deposits […]
Bank credit grows by 14.88%, deposits by 9.13%
NEW DELHI: Bank credit rose by 14.88% to Rs 91.11 trillion in the fortnight ended November 9, while deposits grew by 9.13% to Rs 118.25 trillion, according to the RBI data. In the year-ago fortnight, bank advances stood at Rs 79.31 trillion, while deposits at Rs 108.35 trillion. In the previous fortnight ended October 26, […]