Bank credit growth slows to 10.24%, deposits at 9.73%

Bank credit and deposits growth slowed to 10.24 per cent and 9.73 per cent to Rs 96.80 lakh crore and Rs 127.80 lakh crore, respectively, in the fortnight to August 30, show the latest RBI data. In the year-ago fortnight, advances were at Rs 87.80 lakh crore while deposits stood at Rs 116.46 lakh crore.

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