Kolkata: Banks' credit growth gathered pace in the fortnight ending April 30 at 16% while deposits grew 12.3% year-on-year, Reserve Bank of India data showed.
The year-on-year credit growth was recorded at 15% a fortnight back while deposit growth print was at 12.2%.
The credit-deposit ratio stood at 82.01% at the end of April. The outstanding credit extended by scheduled commercial banks stood at Rs 212.12 lakh crore while outstanding deposits in the system were at Rs 258.64 lakh crore.
The year-on-year credit growth was recorded at 15% a fortnight back while deposit growth print was at 12.2%.
The credit-deposit ratio stood at 82.01% at the end of April. The outstanding credit extended by scheduled commercial banks stood at Rs 212.12 lakh crore while outstanding deposits in the system were at Rs 258.64 lakh crore.
