rbi: Financial institution credit score rises 14.52 per cent: RBI knowledge

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Financial institution credit score rose 14.52 per cent to Rs 123.69 lakh crore and deposits elevated 9.14 per cent to Rs 169.72 lakh crore within the fortnight ended July 29, in keeping with RBI knowledge.

Within the fortnight ended July 30, 2021, financial institution advances stood at Rs 108 lakh crore and deposits at Rs 155.49 lakh crore, as per the Reserve Financial institution of India‘s Scheduled Banks’ Assertion of Place in India as on July 29. The information was launched on Wednesday.

Within the earlier fortnight ended July 15, 2022, financial institution credit score went up 12.89 per cent and deposits elevated 8.35 per cent, the information confirmed.

In FY 2021-22, financial institution credit score rose 8.59 per cent and deposits rose 8.94 per cent.

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