The 15% growth in credit on a year over year basis at the end of the December quarter is the highest level seen from the start of financial year 2015-16.
Deposit growth is showing some sign of acceleration.
Since the start of FY 15-16, average year over year growth in credit and deposits has been 9%, and 11% respectively. So credit growth this quarter really stands out, while deposit growth, although accelerating, is still weak.
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