Bank credit up 6.6%, deposits up 9.34% for fortnight ended 24 Sep

Bank credit rose by 6.67 per cent to Rs 109.57 lakh crore and deposits by 9.34 per cent to Rs 155.95 lakh crore in the fortnight ended September 24, 2021, RBI data showed. In the year-ago fortnight ended September 25, 2020, bank credit stood at Rs 102.72 lakh crore and deposits at Rs 142.62 lakh crore, according to RBI’s Scheduled Banks’ Statement of Position in India as on September 24, 2021 data, released.

In the previous fortnight ended September 10, 2021, bank credit had risen by 6.7 per cent and deposits by 9.32 per cent.