Representative Image 
Business

Bank credit grows at 7.14 pc, deposits at 11.42 pc: RBI

Bank credit grew by 7.14 per cent to Rs 111.64 lakh crore and deposits increased by 11.42 per cent to Rs 160.49 lakh crore in the fortnight ended November 15, 2021, RBI data showed.

migrator

Mumbai

In the fortnight ended November 6, 2020, bank loans stood at Rs 104.19 lakh crore and deposits at Rs 144.03 lakh crore, according to the RBI's Scheduled Banks' Statement of Position in India as on November 5, 2021, data released on Wednesday.

In the previous fortnight ended October 22, 2021, bank credit had grown by 6.84 per cent and deposits by 9.94 per cent.

In FY2020-21, bank credit had risen by 5.56 per cent and deposits by 11.4 per cent.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

US-based techie, man behind over 1,000 hoax bomb threat emails, held at Chennai airport

Tamil Nadu names breakfast scheme after Kamaraj, expansion launch on Sept 17

Vilathikulam MLA Markandayan's bail plea, police custody petition dismissed

'Women more than half of population...': Madras HC seeks Labour dept's reply to paid menstrual leave

Centralised exams cause paper leaks, says State health minister