Banks' loans rose 6.6% year-on-year in two weeks to Feb 12: RBI

Indian banks' loans rose 6.6 per cent in the two weeks to Feb. 12 from a year earlier, while deposits rose 11.8%, the Reserve Bank of India's weekly statistical supplement showed on Friday.

Outstanding loans fell Rs 10.44 billion ($141.30 million) to Rs 107.04 trillion in the two weeks to Feb. 12.

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Non-food credit rose Rs 107.78 billion to Rs 106.28 trillion, while food credit fell Rs 118.22 billion to Rs 752.87 billion.

Bank deposits fell Rs 166.91 billion to Rs 147.81 trillion in the two weeks to Feb. 12.