The top hundred centres arranged according to size of deposits accounted for 58.8 per cent of the total deposits. Similarly, the top hundred centres arranged according to size of bank credit constituted 74.9 per cent of total bank credit.

Nationalised banks as a group contributed 53.2 per cent of the aggregate deposits while the State Bank of India and its associates accounted for another 25.0 per cent. The shares of aggregate deposits were 12.3 per cent for other scheduled commercial banks, 5.7 per cent for Foreign Banks and 3.9 per cent for regional rural banks. As regards gross bank credit, nationalised banks accounted for a share of 47.5 per cent of the total bank credit, while State Bank of India and its associates claimed a share of 29.5 per cent. Other scheduled commercial banks, foreign banks and regional rural banks had the relative contributions to the extent of 11.9 per cent, 8.2 per cent and 2.9 per cent respectively, of the total gross bank credit.

Beginning with this issue of Quarterly Handout, banking statistics in respect of three new states viz. Jharkhand, Chhattisgarh and Uttaranchal have been reported. Growth rates and shares of deposits and credit in these states as well as their parent states have been worked out taking into account the districts of these newly formed states. Among the States/Union Territories, the annual (point to point) growth rate of deposits was highest in Sikkim (36.5 per cent), followed by Dadra & Nagar Haveli (30.4 per cent), Jammu & Kashmir (27.8 per cent), Orissa (22.7 per cent), Tripura (22.6 per cent) and Chandigarh(21.6 per cent) . The annual (point to point) growth rate of bank credit was highest in Jharkhand (31.2 per cent), followed by Sikkim (30.8 per cent), Delhi (29.9 per cent), Andaman & Nicobar Islands (27.9 per cent), Meghalaya (27.7 per cent), and Uttaranchal (27.2 per cent). Six states, namely, Maharashtra, Delhi, Uttar Pradesh, West Bengal, Tamil Nadu and Andhra Pradesh together accounted for a total share of 58.0 per cent of Aggregate Deposits. Similarly, the six states, namely, Maharashtra, Delhi, Tamil Nadu, Andhra Pradesh, Karnataka and West Bengal together accounted for a total share of 70.7 per cent of gross bank credit. Maharashtra alone contributed 18.3 per cent of total deposits and 27.1 per cent of total credit.

The All-India Credit-Deposit (C-D) ratio as on last Friday of December 2000 works out to 58.5 per cent. This ratio was relatively high for foreign banks (85.3 per cent) and State Bank of India & its Associates (69.1 per cent). The C-D ratios were much lower for other scheduled commercial banks at 56.7 per cent, nationalised banks at 52.2 per cent and regional rural banks at 42.7 per cent. Population group-wise, metropolitan centres had the highest C-D ratio of 84.9 per cent followed by urban centres (41.5 per cent), rural centres (40.5 per cent) and semi-urban centres (34.5 per cent). The publication is available on RBI website www.rbi.org.in under quarterly publications.