Question on for loop

[subhabangalore at gmail.com]

Dear Group,
If I take a list like the following:

fruits = ['banana', 'apple',  'mango']
for fruit in fruits:        
   print 'Current fruit :', fruit

Now, 
if I want variables like var1,var2,var3 be assigned to them, we may take,
var1=banana,
var2=apple,
var3=mango

but can we do something to assign the variables dynamically I was thinking
of 
var_series=['var1','var2','var3']
for var in var_series:
  for fruit in fruits:
       print var,fruits

If any one can kindly suggest.

Regards,
Subhabrata

NB: Apology for some alignment mistakes,etc.