As per the Economic Survey presented by Finance Minister Pranab Mukherjee for the year 2009-10, bank credit has a growth of 13.9% as on January 15, 2010 on year on year basis. It was 22% during the corresponding period in the previous year.

The credit deposit ratio has come down to 70.8 in January 2010, from 72.4 in end March 2009 due to lower expansion in credit compared to expansion in deposits.

The investment-deposit ratio has increased to 32.53%. It was 30.4 % in end-March, 2009. The increased has been possible as scheduled commercial banks invested their resources more in Statutory Liquidity Ratio (SLR) securities. This together with higher market borrowing by the Government and low credit resulted in the increased investment deposit ratio.

Credit to the priority sector grew by 15.4% on year-on-year basis The disbursement of credit to the agricultural sector exceeded the target by 4%. The total number of farmers financed by the banking system was 94.90 lakh. The total credit flow to agriculture during 2009-10 upto October 31, 2009 by commercial banks, cooperative banks and RRBs was of the order of Rs. 1,65,439.37 crore, amounting to 51 % of the annual target of Rs. 3,25,000 crore.

The Kisan Credit Card Scheme (KCC) has become a widely accepted mechanism for delivery of credit to farmers. The banking system has issued 878.30 lakh KCCs as of November 30, 2009.

As for the micro-finance sector, cumulative bank loan of Rs.22,679.28 crore was availed by 42.24 lakh SHGs. This included 9,76,887 SHGs which benefited with bank loans of Rs. 5,861.72 crore i.e. 21.7% of the total under the SGSY.