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Bank deposits rise 13% to Rs. 69 trillion on yearly basis: RBI

The bank deposits stood at Rs. 69.04 trillion on 5 April 2013 compared with Rs. 60.32 trillion on 6 April 2013

May 06, 2013 12:12 IST | India Infoline News Service
Bank deposits declined marginally to 0.96% to Rs. 68.38 trillion on 19 April 2013 from Rs. 69.04 trillion on 6 April 2013, the Reserve Bank of India (RBI) data said.

On the other hand, bank deposits increased 13.36% on year-on-year basis. The bank deposits stood at Rs. 69.04 trillion on 5 April 2013 compared with Rs. 60.32 trillion on 6 April 2013.

During the same period, bank advances also registered a decline of 1.06% to Rs. 52.89 trillion from Rs. 46.17 trillion, the RBI data added.

On yearly basis, bank advances rose 14.56% to Rs. 53.46 trillion from Rs. 46.17 trillion, the RBI said.

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