Kumari Palany & Co

Amount of loans given by banks up by 11%!

Posted on: 24/Dec/2014 12:38:08 PM
The latest statistics released from the Reserve Bank of India indicates that there has been an increase of 11% in the amount of loans given by commercial banks during the first 2 weeks of December.

Up to 12th December, Rs. 63,03,482 Crores have been given as loans.

The corresponding figure for last year up to November was Rs. 56,84,690 Crores.

At the same time, there has been an increase in the amounts deposited in the banks by 10.63%.