Indian lenders’ loans inflated to 7.1 percent in the two weeks to January 31 from a year earlier, while deposits rose by 9.9 percent, said the Reserve Bank of India’s (RBI) weekly statistical supplement on Friday.
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Outstanding loans increased to Rs 989.26 billion ($13.86 billion) to Rs 101.03 trillion in the fortnight to January 31.
Non-food credit inflated to Rs 1.02 trillion to Rs 100.24 trillion, while food credit dropped by 32.02 billion rupees to Rs 788.99 billion.
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Bank deposits increased to Rs 1.98 trillion rupees to Rs 133.24 trillion.
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