Indian banks loans rose 11% Y-O-Y

Q.  Indian bank loans rose by what percent Y-O-Y in 2 weeks to December 11th, as per RBI?
- Published on 28 Dec 15

a. 10
b. 11
c. 12
d. 13

ANSWER: 11
 
According to RBI, outstanding loans rose INR 981.80 billion to INR 69.66 trillion rupees in two weeks leading up to December 11. Non food credit rose INR 977.20 billion to INR 68.57 trillion rupees and food credit rose INR 4.60 billion rupees to INR 1.09 trillion rupees. Bank loans rose 11# while deposits rose 11.5% according to the RBI weekly statistical supplement.

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