Bank credit grows 5.82%; deposits by 10.32%
Bank advances stood at Rs 102.46 lakh crore and deposits at Rs 138.67 lakh crore in the fortnight ended June 19, 2020
In FY2020-21, bank credit grew 5.56% and deposits by 11.4%.
Bank credit grew 5.82% to Rs 108.42 lakh crore and deposits rose 10.32% to Rs 152.99 lakh crore in the fortnight ended June 18, 2021, the RBI data showed.
Bank advances stood at Rs 102.46 lakh crore and deposits at Rs 138.67 lakh crore in the fortnight ended June 19, 2020, according to RBI’s Scheduled Banks’ Statement of Position in India as of June 18, 2021, released on Friday.
In the previous fortnight ended June 4, 2021, bank credit had grown 5.74% and deposits by 9.73%.
In FY2020-21, bank credit grew 5.56% and deposits by 11.4%.
Published: July 3, 2021, 08:47 IST
Download Money9 App for the latest updates on Personal Finance.
