Credit to business in December remained at a high 60.2 billion rupees in December 2011, slightly lower than the 63.2 billion rupees in November but state credit hit a new high of 52.
9 billion rupees up from 32.1 billion rupees a month earlier.
Combined credit to both the state and private citizens and business hit a new high of 111.50 billion rupees in the month, up from a previous high of 95.3 billion rupees in November, Central Bank data showed.
In the year to December credit to state enterprises rose 57 billion rupees, up 37 percent to 198.
5 billion rupees.
Credit to state enterprises fell in the first quarter with good rains which improved finances of state-run electricity board. From May credit to state enterprises rose 77.8 billion rupees.
Credit to the central government rose 206.
4 billion rupees to 833.6 billion rupees up 32.9 percent from a year earlier.
Credit to the state from the banking