Thursday, February 9, 2012

Bank credit, deposit growth loses steam

Both bank credit and deposit growth have lost steam, as per the latest RBI (Reserve Bank of India) data. Deposits have fallen to Rs 59,31,747.95 crore during the fortnight ended January 27, from Rs 59,61,015.72 crore in the previous fortnight. Bank credit growth has fallen to Rs 44,87,967.68 crore, from Rs 44,89,866.98 crore during the same period...........

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