STREET THEATRE- Unending Story

The increase was mainly concentrated in the quarter July-September when time deposits rose by Rs 3,273 crore as against Rs 1,733 crore in the corresponding period last year. Bank credit which was increasing steadily in the first four months recorded a fall of Rs 123 crore in August 1985, due to a fall of Rs 441 crore in food procurement credit. it picked up thereafter and the expansion in the first six months amounted to Rs 2,086 crore or 4.3 per 'cent. During the corresponding period last year bank credit recorded an increase of R s 2,212 crore or 5.4 per cent. Credit-deposit ratio was lower at 64.5 per cent as against 66.1 per cent last year. The incremental credit-deposit ratio fell to 33.6 per cent from 42 per cent last year (Table 2). During the current year so far, food credit has contributed .hardly one per cent to the rise of Rs 2,086 crore in bank credit compared to its share of 38 per cent last year.