Banks’ deposits grew slower than credit in the week ending April 4, according to the Reserve Bank of India data. Outstanding deposits grew 10% while outstanding credit increased by 10.9% during the fortnight. Outstanding deposits of banks increased to Rs 236.15 lakh crore as of April 4 from Rs 214.7 lakh crore in the same week previous year. Bank credit reached Rs 188.77 lakh crore from Rs 170.2 lakh in the year-ago period. Term deposits drove the growth in overall bank deposits, growing 10.4% to Rs 207.83 lakh crore.