Bank’s Credits & Deposits Up By 5.73% & 11.34% Respectively

• According to the data released by the Reserve Bank of India (RBI), bank credits increased 5.73% to ₹105.04 lakh crores.

• The data has been released for fortnight ended on 4 December.

• The deposits increased by 11.34% to ₹146 lakh crores.

• Last year during the same year, bank credits and deposits stood at ₹99.35 lakh crores and ₹131 lakh crores respectively.

• Last month, the bank credits grew by 5.82% to ₹104.34 lakh crores and deposits grew by 10.89% to ₹143.70 lakh crores.