Bank loan, deposit portfolios show increase

Chennai, July 10 (IANS) The loan and deposit portfolios of scheduled commercial bank’s as on June 26, 2015 showed an uptrend, the Reserve Bank of India (RBI) said.

According to RBI, scheduled commercial bank’s saw a growth in their credit portfolios (loans, cash credits and overdrafts) to Rs.66,593.36 billion as on June 26, 2015 up from Rs.60,949.44 billion as on June 27, 2014.

Similarly, deposits of the bank’s stood at Rs.87,985.35 billion as on June 26, 2015, up from Rs.78,993.37 billion as on June 27, 2014.

The food credit outstanding of scheduled commercial bank’s as on June 26 this year was Rs.1,114.35 billion against Rs.1,144.1 billion as on June 27, 2014.

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