Bank credit grew 3.2% to ₹107.05 lakh crore in the first nine months of 2020-21, compared to a growth of 2.7% registered in the same period of 2019-20, according to data released by the RBI. Meanwhile, bank deposits rose 8.5% to ₹147.27 lakh crore in the April-December 2020 period as against growth of 5.1% in the year-ago period.