Business / Bank credit up 13.24% , deposits up 10% in FY19: Reserve Bank of India

India TV : Apr 12, 2019, 10:28 AM
Reserve Bank of India data have shown banks have ended the 2018-2019 with record double-digit disbursals for the second year consecutively after the under-5 per cent in FY17, which was the lowest in five decades. RBI data released on Thursday, bank credit rose 13.24 per cent to Rs 97.67 lakh crore for the fortnight to March 29, while deposits grew by 10.03 per cent to Rs 125.72 lakh crore during the same period.