“Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks – March 2007” provides data on aggregate deposits and gross bank credit of scheduled commercial banks as on March 31, 2007. The data are based on Basic Statistical Return-7, received from the branches of all scheduled commercial banks (including Regional Rural Banks). During this quarter, there was amalgamation of 8 RRBs into 2 RRBs leading to reduction in number of RRBs from 102 as at quarter-end December 2006 to 96 as at quarter-end March 2007. The number of banked centres served by scheduled commercial banks stood at 34,399. Of these centres, 28,812 were single office centres and 48 centers had 100 and more bank offices.
The top hundred centers, out of 34,399 banked centers, arranged according to the size of deposits accounted for 68.9 per cent of the total deposits and the top hundred centres arranged according to the size of bank credit accounted for 77.4 per cent of total bank credit. In March 2006, the corresponding shares of top hundred centers in aggregate deposits and gross bank credit were 67.0 per cent and 76.5 per cent respectively. Aggregate deposits of top hundred centres grew at 27.7 per cent in March 2007 over March 2006 compared to 22.4 per cent growth recorded a year ago. Growth rate of gross bank credit of top hundred centres was at 30.0 per cent in March 2007 over March 2006, compared to 31.6 per cent growth recorded in March 2006.
Nationalised Banks, as a group, accounted for 48.4 per cent of the aggregate deposits, while State Bank of India and its Associates accounted for 22.3 per cent. The shares of Other Scheduled Commercial Banks, Foreign Banks and Regional Rural Banks in aggregate deposits were 20.6 per cent, 5.6 per cent and 3.2 per cent, respectively. As regards gross bank credit, Nationalised Banks held the maximum share of 47.5 per cent in the total bank credit followed by State Bank of India and its Associates at 23.2 per cent and Other Scheduled Commercial Banks at 20.3 per cent. Foreign Banks and Regional Rural Banks had relatively lower shares in the total bank credit at 6.6 per cent and 2.5 per cent, respectively.
At the all–India level, the credit-deposit (C-D) ratio of all scheduled commercial banks as on March 31, 2007 stood at 75.0 per cent. Among the States/Union Territories, the highest C-D ratio was observed in Tamil Nadu (112.3 per cent) followed by Maharashtra (98.0 per cent). At the bank group level, the C-D ratio was above the all-scheduled commercial banks' level ratio in respect of Foreign Banks (87.5 per cent), State Bank of India and its Associates (78.2 per cent) and was lower for Other Scheduled Commercial Banks (74.1 per cent), Nationalised Banks (73.5 per cent) and Regional Rural Banks (58.7 per cent). As regards population group-wise C-D ratio of all scheduled commercial banks, metropolitan centres had the highest C-D ratio at 88.7 per cent, followed by rural centres (60.0 per cent) and urban centres (59.5 per cent). The semi-urban centres recorded the lowest C-D ratio at 53.2 per cent.
It is observed from the distribution of scheduled commercial bank offices by size of deposits, that the offices with deposits of Rs.10 crore or more, accounted for 55.2 per cent of the bank offices with a share of 94.0 per cent in aggregate deposits and 90.5 per cent in total bank credit. The offices, which extended the credit of Rs.10 crore or more, accounted for 32.4 per cent in terms of total number of offices. These offices together accounted for 90.0 per cent of total bank credit whereas their share in aggregate deposits was 73.6 per cent. G. Raghuraj
Deputy General Manager Press Release : 2007-2008/110 |
