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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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