The deposits of banks increased from MUR435 billion to MUR537 billion between end June 2007 and end June 2008; while advances grew from MUR305 billion to MUR356 billion during the same period. The pre-tax profit increased from MUR9.9 billion for the year ended March 2007 to MUR11.1 billion for the year ended March 2008.
https://www.rba.gov.au/speeches/2018/sp-dg-2018-12-06.html  2/13  12/6/2018  Lessons and Questions from the GFC | Speeches | RBA  Graph 1  These tensions continued to increase with a rolling series of flare-ups, including notably the rescue of Bear Stearns by JP Morgan in March 2008. By this stage, these concerns were increasingly reflected in the equity market too.