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Bank credit grows 6.52% to Rs 102.52 lakh crore; deposits up 10.64%
May 20, 2020 | By Moneycontrol.com
business
On a fortnightly basis, bank credit declined by Rs 21,010.36 crore to Rs 102.52 lakh crore in the reporting period from Rs 102.73 lakh crore in the fortnight ended April 24, 2020.
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Bank credit rose 6.52 percent year-on-year to Rs 102.52 lakh crore, while deposits grew 10.64 percent to Rs 138.50 lakh crore in the fortnight ended May 8, according to latest RBI data. In the fortnight ended May 10, 2019, bank loans had stood at Rs 96.24 lak
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