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Indian banks' loans rose 20.2% y/y in two weeks to March 22

Indian banks' loans rose 20.2% in the two weeks to March 22 from a year earlier, while deposits rose 13.5%, the Reserve Bank of India's weekly statistical supplement showed on Friday. Outstanding loans rose 1.21 trillion rupees ($14.54 billion) to 164.35 trillion rupees in the two weeks to March 22. Non-food credit rose 1.30 trillion rupees to 164.12 trillion rupees, while food credit fell 86.23 billion rupees to 230.81 billion rupees.
India Headline News Team Reserve Bank Indian Rupees Reserve Bank Of India Statistical Supplement Indian Banks
Source: yahoo.com

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India services exports: India services exports rise 10.8% to $28.03 bln in October

In October, Indias service exports surged by 10.8% to $28.03 billion, as per RBIs provisional data, while imports dipped by 0.4% to $13.46 billion. This contrasts slightly with the governments prior report, indicating exports at $28.70 billion and imports at $14.32 billion. RBIs figures are provisional, subject to updates, and are part of the countrys periodic balance-of-payments data.
Reserve Bank Statistical Supplement India Services Exports Service Sector Reserve Bank Of India Rbi Weekly Statistical Supplement

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