The credit deposit (C-D) ratio of 18 pubilc sector banks grew to 73.51% at the end of March 2010 from the year-ago 71.98%, in line with the credit growth of 18.8% reported in 2009-10 fiscal.
However, the C-D ratio of nine private banks dropped to 78.95% from 80.74%, with credit growing by 8% during the above period. While deposit growth of PSBs stood at 16.3%, the growth of the same for private banks was at 10.4%.
Saving deposit growth of private banks, on the other hand, was higher than that of the PSBs. But again, term deposit growth of PSBs was positive, at 12.7%, as against a decline of 2.1% in private banks.
Among the PSBs, the highest increase in the C-D ratio was registered by Syndicate Bank, from 70.36% to 77.25%. For SBI, it rose from 73.11% to 78.58%. Dena Bank had a C-D ratio of 67.08% in 2008-09, which it managed to take up to 69.07% by 2009-10.
The credit disbursal of the PSBs took an upward turn during 2009-10. Outstanding credit of the PSBs went up, to Rs 18.76 lakh crore at the end of March 2010 from the year ago Rs 15.79 lakh crore.
Punjab & Sind Bank registered highest increase (from Rs 24,615 crore as on March 2009 to Rs 32,639 crore on March 2010) in credit disbursal, followed by Andhra Bank and Union Bank.
The aggregate deposits of these banks increased 16.3% to Rs 25.52 lakh crore in March 2010, as against Rs 21.94 lakh crore in March 2009. Highest deposit growth was seen in the case of P&S Bank, followed by Andhra Bank and Bank Of Baroda.
The aggregate deposit of P&S Bank increased from Rs 34,675 crore to Rs 49,155 crore. In saving deposits, the highest increase was registered by Union Bank of India,followed by State Bank of Bikaner& Jaipur.
?The growth in advances outpaced the growth in deposits of PSBs due to strong credit demands from corporate, retail and infrastructure segments during 2009-10,? according to a banker.
On the other hand, among private banks, YES Bank registered the highest increase in C-D ratio, from 76.71% to 82.81%. In ICICI Bank, the ratio dropped from 99.98% to 89.70%. HDFC Bank had a C-D ratio of 69.24% in 2008-09, which rose to 75.17% in 2009-10.
Outstanding credit of nine private banks stood at Rs 5.01 lakh crore at the end of March 2010 . It was Rs 4.64 lakh crore at the end of March 2009. Highest increase in credit disbursal was registered by YES Bank, followed by South Ind Bank. The aggregate deposits of these private banks increased by 10.4% to Rs 6.35 lakh crore from Rs 5.75 lakh crore. Highest deposit growth was reported, once again, by YES Bank, followed by Karur Vysya Bank. In saving deposit as well, YES Bans showed the highest growth of 103.6% during 2009-10.
During the period, the top three private banks in terms of C-D ratio were ICICI Bank, YES Bank and IndusInd Bank. However, among PSBs, the top slots were occupied by SBI, Syndicate Bank and State Bank of Bikaner & Jaipur.