Banks Credit increases to 17% and deposits increases to 17.4%

In the Financial year 2012-13 Banks credit had a subsequent increase of 17 percent while the deposits shows a growth of 17.4 percent, the statistics issued by Reserve Bank. 
The estimated loan and deposit growth rate is remarkable. Last March, banks loan had an increase of 5.3 per cent, and estimated to be 53.95 lakh crore rupees, and the accumulated deposits had an increase of 5.7 per cent and estimated to be 69.36 lakh crore, Reserve Bank reported in the statistics.