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Bank credit grows 14% in fortnight ended May 31

Banks disbursed credit worth about Rs. 48.9 billion during the fortnight

June 14, 2013 2:36 IST | India Infoline News Service
Bank credit increased 14.16% year-on-year (y-o-y) in the fortnight ended May 31, while deposits rose 13.5%, according to the Reserve Bank of India (RBI) data.

Banks disbursed credit worth about Rs. 48.9 billion during the fortnight, while they accumulated deposits of about Rs. 922 billion.


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