Banks' deposits and advances marginally rose 0.66 percent and 0.96 percent respectively in the two weeks to May 3, provisional data from the Reserve Bank of India showed on Wednesday.
Also read: Tax aspect of Bank Deposit and Corporate fixed depositAs of May 3, deposits stood at Rs 68.84 trillion, while advances were at Rs 53.41 trillion.
On a year-on-year basis, deposits were up 13.49 percent and advances grew 14.96 percent.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
