Bank credit off­take, de­posits pick up

Financial Chronicle - - PLAN, POLICY - LAXMIKANT KHANVILKAR

In­dian banks have wit­nessed mar­ginal rise in credit off­take and de­posits dur­ing the fort­night ended on Septem­ber 1, ac­cord­ing to RBI. The cen­tral bank re­leased fort­nightly data of all sched­uled and com­mer­cial bank on Wed­nes­day for the re­port­ing Fri­day on Septem­ber 1.

Bank credit off­take in the fort­night stood at Rs 77.70 tril­lion, up 0.83 per cent, against Rs 77.06 tril­lion in last fort­night. Credit off­take rose 6.5 per cent against Rs 72.97 tril­lion a year ago.

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