Bank credit grows by 14.19%; deposits by 10.60%: RBI data
Updated : April 26, 2019 06:41 AM IST
In the year-ago fortnight, deposits were at Rs 113.29 lakh crore and advances stood at Rs 84.46 lakh crore.
In the fiscal ended March 2019, bank credit had risen by 13.24 percent and deposits grew by 10.03 percent.
This was the second consecutive double-digits credit growth after the same had declined to 4.54 percent in FY17 at Rs 78.41 lakh crore, which was the lowest since 1963, the RBI data said.