Indian banks' loans up 5.8% in two weeks to December 9: RBI

Indian banks' loans up 5.8% in two weeks to December 9: RBI
A cashier counts Indian banknotes as customers wait in queues inside a bank in Chandigarh. Image Source: Reuters

 

Indian banks` loans rose 5.8% in the two weeks to December 9 from a year earlier, while deposits rose 15.9%, the Reserve Bank of India`s (RBI) weekly statistical supplement showed on Friday.

Outstanding loans rose Rs 46,830 crore ($6.91 billion) to Rs 73,39,000 crore in the two weeks to December 9.

ALSO READ: Indian banks' loans rose over 6% in just two weeks post demonetisation 

Non-food credit rose Rs 38,690 crore to Rs 72,39,000 crore, while food credit rose Rs 8,140 crore to Rs 99,920 crore.

Bank deposits rose Rs 73,520 crore to Rs 1,05,910,00 crore in the two weeks to December 9.

 

 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

RECOMMENDED STORIES

https://www.zeebiz.com/personal-finance/photo-gallery-sbi-444-day-amrit-vrishti-fd-vs-union-bank-of-india-sumvridhi-333-day-fd-maturity-return-interest-rate-calculator-amount-on-inr-rs-400000-lakh-and-800000-investment-for-general-senior-citizens-324056

SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens

https://www.zeebiz.com/personal-finance/news-sip-mutual-fund-power-of-compounding-retirement-corpus-planning-calculator-salary-inr-rs-25000-per-month-is-it-possible-to-create-over-26367030-fund-calculations-324366

Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations

https://www.zeebiz.com/markets/stocks/photo-gallery-stock-to-buy-for-long-term-on-new-year-samvat-2081-by-anil-singhvi-iifl-finance-share-price-target-nse-bse-smallcap-stock-324310

New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets

https://www.zeebiz.com/markets/stocks/photo-gallery-share-price-target-of-indian-oil-bharat-petroleum-hindustan-petroleum-largecap-psu-stocks-324329

PSU Oil Stocks: Here's what brokerage suggests on these 2 largecap, 1 midcap scrips - Buy, Sell or Hold?

https://www.zeebiz.com/personal-finance/photo-gallery-power-of-compounding-interest-mutual-fund-sip-retirement-corpus-planning-calculator-how-many-years-it-will-take-to-reach-inr-rs-20000000-with-3000-4000-and-5000-monthly-investment-market-linked-return-323948

Power of Compounding: How many years it will take to reach Rs 2 crore corpus if your monthly SIP is Rs 3,000, Rs 4,000, or Rs 5,000

https://www.zeebiz.com/personal-finance/news-retirement-planning-corpus-monthly-sip-investment-calculator-40-years-of-age-inr-rs-50000-expenses-what-will-be-retirement-money-inflation-rate-of-return-tips-strategy-324093

Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment

https://www.zeebiz.com/markets/stocks/photo-gallery-nifty-50-sensex-bse-500-long-term-shares-to-buy-largecap-midcap-smallcap-targets-bse-nse-324277

Stocks to Buy for Long Term: Largecap, midcap, smallcap shares analysts are positive on; check out target prices

https://www.zeebiz.com/personal-finance/photo-gallery-sbi-pnb-hdfc-bank-3-year-senior-citizen-fd-fixed-deposit-interest-rate-maturity-return-calculator-which-bank-gives-highest-on-inr-rs-500000-investment-state-bank-of-india-punjab-national-guaranteed-return-scheme-324094

Senior Citizen FD: SBI 3-year FD vs PNB 3-year FD vs HDFC Bank 3-year FD; which FD will give highest return on Rs 5 lakh investment

Written By: Reuters
Updated: Sat, Dec 24, 2016
09:08 AM IST
Reuters
RELATED NEWS
Indian banks' loans rose over 6% in just two weeks post demonetisation Indian banks' loans rose over 6% in just two weeks post demonetisation
Loans against property pose increased risk as demonetisation exposes quality risk Loans against property pose increased risk as demonetisation exposes quality risk

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x