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Thursday, April 22, 2010

Bank loans up 17.05% on year: RBI

The bank loans rose about 17.05% on year as of 9 April, according to the provisional data released by the Reserve Bank of India (RBI) on Wednesday.

Deposits were up 15.98% from a year earlier, the data showed.

Bank credit had risen 16.7% and deposits were up 17% on year as of 26 March.

The final figures for the week to 9 April would be released by the central bank in its weekly statistical supplement on Friday.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Wednesday, Apr 16
20:00 EIA Crude Oil Stocks Change 1 0.515M 0.400M 2.553M
20:00 BoC Press Conference 3
21:30 Fed's Hammack speech 2
22:30 20-Year Bond Auction 1 4.810% 4.632%
23:00 Fed's Chair Powell speech 3
Thursday, Apr 17
01:30 Total Net TIC Flows 1 $-48.8B
01:30 Net Long-Term TIC Flows 1 $35.2B $-45.2B
04:15 Consumer Price Index (YoY) 3 2.3% 2.2%
04:15 Consumer Price Index (QoQ) 3 0.7% 0.5%
04:30 Fed's Schmid speech 2
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