Banks' loans rose 9.5% YoY in two weeks to Oct 2: RBI

Indian banks' loans rose 9.5 percent in the two weeks to Oct. 2 from a year earlier, while deposits rose 11.3 percent, the Reserve Bank of India's weekly statistical supplement showed on Friday.

Outstanding loans rose 1.24 trillion rupees (USD 19.15 billion) to 68.30 trillion rupees in the two weeks to Oct. 2. Non-food credit rose 1.39 trillion rupees to 67.43 trillion rupees, while food credit fell 152.80 billion rupees to 874.60 billion rupees.

Bank deposits rose 2.04 trillion rupees to 91.64 trillion rupees in the two weeks to Oct. 2.