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Kerala CM Pinarayi Vijayan calls for more support from banks to ride over Covid crisis
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SLBC pegs credit outlay at ₹3,599 crore
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Visit to PSU banks becomes nightmare for thousands of elderly customers
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Updated Jun 29, 2021, 7:42 am IST
Banks have seen a higher growth in deposits at 18.05 per cent in the last fiscal year, as compared to growth in advances
Bank deposits have grown by Rs 87,469 crore during FY 20-21. (Photo: PTI/File)
Hyderabad: Despite being impacted by the Covid-19 pandemic, banks in Telangana state have registered a growth of nearly 10 per cent in dispensing loans during 2020-21. “Total advances grew by Rs 56,621 crore or 9.92 per cent during the year, said SBI deputy managing director Om Prakash Mishra, who is president of the State-Level Bankers Committee (SLBC).
Total advances of all banks stood at Rs 6,27.039 crore.
State s annual credit plan fixed at ₹1 86 lakh crore
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