Bank credit growth slows to 14.88% in April fortnight, deposits rise 12%

Bank credit growth slows to 14.88% in April fortnight, deposits rise 12%

Summary

RBI data shows bank credit growth slowed to 14.88% in April fortnight, with Rs 4.51 lakh crore contraction, while deposits rose 12.12% year-on-year.

Description

RBI data shows bank credit growth slowed to 14.88% in April fortnight, with Rs 4.51 lakh crore contraction, while deposits rose 12.12% year-on-year.

Original reporting

AFBytes is a read-only aggregator. Use the original source for full context and complete reporting.

Open original source

Related coverage