The data on Aggregate Deposits and Gross Bank Credit of Scheduled
Commercial Banks as on last Friday of December 1997 collected through
the BSR-7 returns have now become available. The top hundred centres
arranged according to size of deposits accounted for 59.5 per cent of
the total deposits. Similarly, the top hundred centres arranged
according to size of bank credit constituted 72.2 per cent of total
bank credit.
Nationalised banks as a group contributed 54.6 per cent of the
aggregate deposits while the State Bank of India and its Associates
accounted for another 25.3 per cent. The shares of other bank
groups were 7.3 per cent for Foreign Banks, 9.4 per cent for Other
Scheduled Commercial Banks and 3.5 per cent for Regional Rural Banks.
As regards Gross Bank Credit, Nationalised Banks accounted for a
share of 47.7 per cent of the total Bank Credit, while State Bank of
India and its Associates claimed a share of 29.9 per cent. Other
Scheduled Commercial Banks,Foreign Banks and Regional Rural Banks
followed with shares of 9.9 per cent, 9.4 per cent and 3.1 per cent,
respectively.
Among the States, the growth rate of deposits was highest in
Orissa (26.7 per cent), followed by Delhi ( 26.2 per cent), Tripura &
Meghalaya (24.3 per cent each) and Jammu & Kashmir ( 22.4 per
cent).The growth rate of Bank Credit was highest in Delhi ( 31.3 per
cent), followed by Arunachal Pradesh ( 26.5 per cent), Sikkim ( 24.5
per cent),Rajasthan ( 20.1 per cent) and Meghalaya ( 18.6 per cent).
Six states namely Maharashtra, Delhi, Uttar Pradesh, West Bengal,
Tamil Nadu and Gujarat together accounted for a total share of 60.7
per cent in Aggregate Deposits. Similary, the six states namely
Maharashtra, Delhi,Tamil Nadu, Andhra Pradesh, Karnataka and West
Bengal together accounted for a total share of 69.1 per cent in Gross
Bank Credit. Maharashtra alone contributed 20.3 per cent of total
deposits and 25.2 per cent of total credit.
The All-India Credit-Deposit(C-D) ratio as on last Friday of
December 1997 worked out to 55.5 per cent. This ratio was relatively
high for State Bank of India and its Associates ( 65.7 per cent).
The C-D ratios were much lower for Regional Rural Banks at 49.0 per
cent and Nationalised Banks at 48.5 per cent. Population group-wise,
Metropolitan centres had the highest C-D ratio of 74.5 per cent
followed by Rural centres ( 43.5 per cent), Urban centres ( 42.6 per
cent) and Semi-Urban centres ( 36.5 per cent).
(Alpana Killawala)
General Manager
Press Release : 1997-98/949