Bank credit grew 5.82% to Rs 108.42 lakh crore and deposits rose 10.32% to Rs 152.99 lakh crore in the fortnight ended June 18, 2021, the RBI data showed.
Bank advances stood at Rs 102.46 lakh crore and deposits at Rs 138.67 lakh crore in the fortnight ended June 19, 2020, according to RBI’s Scheduled Banks’ Statement of Position in India as of June 18, 2021, released on Friday.
In the previous fortnight ended June 4, 2021, bank credit had grown 5.74% and deposits by 9.73%.
In FY2020-21, bank credit grew 5.56% and deposits by 11.4%.
Published: July 3, 2021, 08:47 IST
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