Bank loans have started to pick up after slipping continuously for the past two weeks. The data released by the Reserve Bank of india (RBI) show a rise of Rs. 10,446 crore in bank loans during the fortnight ended February 13. The significant growth in Bank loans has taken outstanding advances to Rs. 26,46,783 crore.
The data for the past 12 months show a rise of Rs. 4,32,764 crore in credit and also an increment of Rs. 6,49,959 crore in total bank deposits. Total bank deposits are now pegged at Rs. 36,85,972 crore with an increase of 21.4%. Loans to industry and consumers fell by Rs 4,648 crore during the two weeks ended January 30. During the same period, food credit shows a fall of Rs 4,175 crore, according to the RBI. | 
