Mumbai, Apr 19: Continuing their upward march due to fresh inflows, India's foreign exchange reserves have further surged ahead by us dollar 711 million at USD 75,751 million during the week ended April 11. The foreign currency assets of the country grew by USD 711 million at USD 72,213 million during the period under review, as per the RBI's weekly statistical supplement released here today.
According to analysts, the rise is attributed to revaluation of non-US currencies, including the Euro, against the US Dollar.
Gold reserves and special drawing rights at USD 3,534 million and USD four million respectively remain unchanged, the apex bank said.
The loans and advances to Central government rose by Rs 6,728 crore at Rs 11,642 crore while that to state governments increased by Rs 1,154 crore at Rs 3,682 crore.
Aggregate deposits of scheduled commercial banks for the fortnight ended April four stood at Rs 13,23,662 crore, up by Rs 43,086 crore (3.4 per cent).
Bank credit in the period under review swelled by Rs 24,510 crore at Rs 7,49,878 crore.
The food credit declined by Rs 4,888 crore at Rs 44,591 crore while non-food credit increased by Rs 29,398 crore at Rs 7,05,287 crore, RBI said. Bureau Report