The Reserve Bank of India today placed on its website the publication Basic Statistical Returns of Scheduled Commercial Banks in India. The present volume, 43rd in the series, provides summary data of scheduled commercial banks as on March 31, 2014. Detailed data are being released through Database on Indian Economy (DBIE) (http://dbie.rbi.org.in/DBIE/dbie.rbi?site=publications).

‘Basic Statistical Returns of Scheduled Commercial Banks in India’ provides data on different dimensions of deposits and credit of the banking sector. The information is collected from bank branches through Basic Statistical Returns - 1 & 2 (BSR-1&2), annually. Under BSR-1, information on occupation/activity and organisational sector of the borrower, type of account, interest rate, credit limit and amount outstanding are collected for each loan account. Under BSR-2, branch-wise data on type of deposits, maturity pattern of term deposits as well as number of employees are collected. Such information is aggregated at population group, bank group and state level. Highlights emerging from the data are given below.

Highlights:

Outstanding Credit:

• At the end of March 2014, gross outstanding credit of scheduled commercial banks amounted to ₹62,821 billion registering an increase of 13.7 per cent during the year as against an increase of 15.0 per cent in the previous year.

• The number of borrowal accounts increased by 8.2 per cent to 139 million in 2014 from 128 million in 2013.

• Small borrowal accounts each with credit limit up to ₹0.2 million contributed to 78.7 per cent of the total number of borrowal accounts in 2014 as against 79.8 per cent in 2013. The share of small borrowal accounts in outstanding credit declined to 8.4 per cent from 9.3 per cent in 2013.

Aggregate Deposits:

• Aggregate deposits amounted to ₹79,557 billion, registering a lower growth of 13.4 per cent in 2014 (15.4 per cent in 2013).

• The number of deposit accounts increased to 1,227 million in 2014 from about 1,045 million in 2013 marking a growth of 17.4 per cent. Total number of savings bank accounts in 2014 increased to 978 million from 823 million in 2013.

• Rural and semi-urban centres registered higher growth in deposits in 2014 at 17.5 per cent and 16.5 per cent, respectively, as compared with urban and metropolitan centres at 14.5 per cent and 11.6 per cent, respectively.

• Maturity of term deposits elongated during the year.

Interest Rates:

• The weighted average interest rate of term deposits increased to 8.77 per cent in 2014, from 8.63 per cent in 2013.

• At the end of March 2014, the weighted average interest rate of all loans and advances was at 12.01 per cent, unchanged from the position a year ago.

C-D Ratio:

• The All-India Credit-Deposit ratio was 79.0 per cent in 2014, marginally higher than 78.8 per cent in 2013.

Sangeeta Das
Director

Press Release : 2014-2015/2356