Bank credit grows by 6.63% while deposits go up by over 12% during fortnight ended February 26

Bank credit has risen by 6.63 percent to 107.75 lakh crore rupees and deposits grew by 12.06 percent to 149.34 lakh crore rupees in the fortnight ended February 26, according to RBI data. In the fortnight ended February 28 last year, bank credit stood at 101.05 lakh crore rupees and deposits at 133.26 lakh crore rupees. Bank credit increased by 6.58 percent to 107.04 lakh crore rupees and deposits rose by 11.75 percent to 147.81 lakh crore rupees in the previous fortnight ended February 12, 2021...