Bank Credits held with Indian Scheduled Commercial Banks (SCBs) as on 21st March 2014 stood at Rs. 60130.90 Billion i.e. Rs. 60,13,090 Cr with an Increase of Rs. 75,840 Cr (1.28%) Week on Week.
Bank credit in India is the total of three items viz. (A) Loans, cash-credits and overdrafts, (B)
Inland bills – purchased and discounted and (C) Foreign bills – purchased and discounted. Bills (inland and foreign) rediscounted with the RBI, IDBI.
It is released fortnightly by Reserve Bank of India.
Next release will be on 18th April 2014.