The data available for the last Friday of March 2011 for scheduled commercial banks show that the year on year growth in aggregate deposits decelerated to 15.8% in 2010-11 from 22.4% in 2007-08, 19.9% in 2008-09 and 17.2% in 2009-10. The growth in bank credit decelerated from 22.3% in 2007-08 to 17.5% in 2008-09 and further to 16.9% in 2009-10, and then accelerated to 21.4% in 2010-11. As a result, the incremental credit-deposit ratio in 2010-11 rose to a high of 97.5% compared with 71.2% in 2009-10.