Wednesday, June 17, 2009

Bank Credit Up 15 Per Cent On Year On June 2009 - RBI - June 17, 2009

Reserve Bank of India (RBI) loans grew about 15.1 per cent to Rs 28,39,203 crore in the week to 5 June 2009, from Rs 24,66,762 crore a year earlier, according to provisional data released by the Reserve Bank of India (RBI) on Wednesday, 17 June 2009. Food credit rose 20 per cent in the week to 5 June 2009, to Rs 59,108 crore from Rs 49,237 crore last year, central bank data showed.

The Reserve Bank of India (RBI) will release the final loan figures on Friday, 19 June 2009. Indian bank loans rose 15.9 per cent on year as on 22 May 2009, the Reserve Bank of India (RBI) said on 5 June 2009.

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