Bank credit rose by 6.7 per cent to Rs 109.12 lakh crore and deposits by 9.32 per cent to Rs 155.75 lakh crore in the fortnight ended September 10, RBI data showed.
In the year-ago fortnight ended September 11, 2020, bank advances had stood at Rs 102.27 lakh crore and deposits at Rs 142.47 lakh crore, according to RBI's Scheduled Banks' Statement of Position in India as of September 10, 2021, released on Thursday.
In the fortnight ended August 27, 2021, bank credit had increased by 6.67 per cent and deposits by 9.45 per cent.
In FY2020-21, bank credit had grown by 5.56 per cent and deposits by 11.4 per cent.
Mumbai News: BMC Likely To Invite Tenders For Gargai Dam Next Week; 440 MLD Supply Boost Expected Amid Pending Wildlife Clearances
Mumbai Civic Update: BMC Gets CRZ Clearance For ₹3,000-Crore Dharavi–Bhandup Water Tunnel Project To Transport Treated Sewage
Bombay HC Upholds ₹35.92 Lakh MACT Award To Mother Of 13-Year-Old Accident Victim; Insurer’s Appeal Dismissed
Bombay HC Orders Fresh Scrutiny Of ‘New Flat’ Created In Malboro House Society; Sets Aside Membership Granted To Buyer
