Bank credit Deposits rose by 12.89 per cent to Rs 122.81 lakh crore and deposits rose 8.35 per cent to Rs 168.09 lakh crore in the fortnight ended July 15. reserve Bank of India Figures released on Thursday.
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In the fortnight ended July 16, 2021, advances stood at Rs 108.78 lakh crore and deposits stood at Rs 155.14 lakh crore. reserve Bank of IndiaStatement of Status of (RBI) Scheduled Banks India by 15 July 2022.
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In the last fortnight ended July 1, 2022, bank credit grew by 13.29 per cent and deposits by 9.77 per cent.
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In FY22, bank credit grew by 8.59 per cent and deposits by 8.94 per cent.