Tag Archives: 10.03%

Banks close FY19 with 13.24% credit growth, deposits up 10.03%

Banks closed fiscal 2019 with robust disbursals that rose in double-digits for the second year in row, after the sub-5 percent in FY17, which was the lowest in five decades. According to the Reserve┬áBank┬ádata released Thursday, bank credit rose 13.24 percent to Rs 97.67 lakh crore for the fortnight to March 29, while deposits grew by 10.03 percent to Rs ... Read More »