Mumbai, Oct 6 (UNI) The Reserve Bank of India (RBI) today released its 'Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks-June 2008'.
The publication contains data relating to deposits and credit of scheduled commercial banks including regional rural banks (RRBs) as on last Friday of June 2008. The data are based on Basic Statistical Return (BSR)-7 received from branches of all scheduled commercial banks (including RRBs), a release issued by RBI said.
Of the 34,463 centres served by SCBs, 28,381 were single office centres and 57 centres had 100 or more bank offices. The top hundred centres, out of 34,463 banked centres, arranged according to the size of deposits accounted for 69.5 per cent of the total deposits and the top hundred centres arranged according to the size of bank credit accounted for 78.2 per cent of total bank credit.
In June 2007, the corresponding share of top hundred centres in aggregate deposits and gross bank credit was 69.4 per cent and 77.2 per cent, respectively. Aggregate deposits of top hundred centres increased by 22.1 per cent in June 2008 over June 2007 compared to a growth of 26.6 per cent recorded a year ago.
Growth rate of gross bank credit of top hundred centres at 28.4 per cent in June 2008 was higher as compared to 24.7 per cent growth recorded in June 2007.
The Top 200 centres in terms of aggregate deposits covered 31.1 per cent of reporting offices and 74.4 per cent of aggregate deposits.
The Top 200 centres in terms of gross bank credit, accounted for 81.8 per cent of gross bank credit and 30.6 per cent of reporting offices.
Nationalised Banks, as a group, accounted for 48.6 per cent of the aggregate deposits, while State Bank of India and its Associates accounted for 22.6 per cent. The share of Other Scheduled Commercial Banks, Foreign Banks and Regional Rural Banks in aggregate deposits were 20.1 per cent, 5.8 per cent and 3.0 per cent, respectively. As regards gross bank credit, nationalised banks held the maximum share of 47.6 per cent in the total bank credit followed by State Bank of India and its Associates at 23.1 per cent and Other Scheduled Commercial Banks at 19.9 per cent. Foreign Banks and Regional Rural Banks had relatively lower share in the total bank credit at 7.1 per cent and 2.4 per cent, respectively.
At the All India level, the credit-deposit (C-D) ratio of AllScheduled Commercial Banks as on last Friday of June 2008 stood at 74.5 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 58.8 per cent of the bank offices, 95.2 per cent in terms of aggregate deposits and 92.1 per cent in total bank credit. The offices, which extended credit of Rs.10 crore or more, accounted for 35.4 per cent in terms of total number of offices. These offices together accounted for 91.9 per cent of total bank credit whereas their share in aggregate deposits was 75.5 per cent.
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