Bank advances and deposit decelerated in May 2020 : RBI

Bank credit and deposits grew 6.25 per cent and 10.64 per cent year-on-year to Rs 102.23 trillion and Rs 138.30 trillion, respectively, in the fortnight ended May 22, according to the latest data from the Reserve Bank of India. In the fortnight ended May 24, 2019, bank loans had stood at Rs 96.21 trillion and … Continue reading Bank advances and deposit decelerated in May 2020 : RBI