Credit to Indian banks rose 17.9 percent in two weeks to October 21, while deposits grew by 9.5%. reserve Bank of Indiaweekly of statistical Supplement shown Friday.
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outstanding debts It rose by Rs 290.86 billion ($3.54 billion) to Rs 128.89 trillion in the two weeks to October 21.
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Non-food credit increased by Rs 240.65 billion to Rs 128.63 trillion, while food credit increased by Rs 50.21 billion to Rs 256.55 billion.
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Bank deposits 601.16 billion fell to Rs 172.04 trillion in the two weeks to October 21.