Indian banks' loans rose 9.4% in two weeks to June 24: RBI

Indian banks' loans rose 9.4 percent in the two weeks to June 24 from a year earlier, while deposits rose 9.7 percent, the Reserve Bank of India's weekly statistical supplement showed on Friday.

Outstanding loans rose Rs 49.50 billion (USD 735.24 million) to Rs 72.56 trillion in the two weeks to June 24.

Non-food credit rose Rs 13.80 billion to Rs 71.56 trillion, while food credit rose Rs 35.70 billion to Rs 1.00 trillion.

Bank deposits rose Rs 302.80 billion to Rs 95.96 trillion in the two weeks to June 24.