Banks' C-D ratio highest in Tamil Nadu and Maharashtra

Mumbai, Apr 4 (UNI) Maharashtra stands among the top three states to record highest credit-deposits (C-D) of all scheduled commercial banks as on the last Friday of December, 2005.

While the all India C-D ratio stood at 70.9 per cent, Maharashtra reported C-D ratio at 101.7 per cent just notch below Tamil Nadu at 103.8 per cent and followed by Chandigarh at 98.7 per cent.

At the Bank group level, the C-D ratio was above the all-India ratio in respect of foreign banks at 88.7 per cent, other scheduled banks at 75 per cent and was lower for State Bank of India (SBI) and its associates at 68 per cent.

The annual growth rate of gross bank credit of top hundred certres was at 31.2 per cent in December 2005 over the same period previous year when the growth rate was 34.5 per cent.

According to quarterly statistics on deposits and credit of commercial banks provided by Reserve Bank of India (RBI), the gross bank credit of the nationalised banks held maximum share of 48 per cent in the total bank credit followed by SBI and its associates at 23.4 per cent.

The nationalised banks as a group, accounted for 48.8 per cent of the aggregate deposits while SBI and its associates accounted for 24.3 per cent.

The top hundred centers out of 34,714 banked centers, according to the size of deposits accounted for 66.3 per cent of the total deposits and the top hundred centres arranged according to the size of bank credit accounted for 76.2 per cent of the bank credit.

UNI GC PP SKB2015