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Friday, June 18, 2010

Bank loans up 19.1 pct on year as on June 4


MUMBAI (Reuters) - Indian bank loans rose 19.1 percent on year as of June 4, the central bank's weekly statistical supplement (WSS) showed on Friday.

Deposits were up 14.3 percent from a year earlier.

Outstanding loans rose 578.96 billion rupees to 32.88 trillion rupees in the two weeks to June 4. Non-food credit rose 551.50 billion rupees to 32.36 trillion rupees and food credit rose by 27.46 billion rupees to 521.49 billion rupees, the bank said.

Bank deposits rose by 150.82 billion rupees to 45.41 trillion rupees in the two weeks to June 4, the WSS showed.

(Reporting by Mumbai Treasury Desk; Editing by Ramya Venugopal)

(For more business news on Reuters India click http://in.reuters.com)

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