Nationalised banks, as a group, accounted for 50.6 per cent of aggregate deposits, while State Bank of India (SBI) and its associates accounted for 24.0 per cent.
The shares in aggregate deposits were 16.6 per cent for other scheduled commercial banks (SCBs), 4.8 per cent for foreign banks and 3.9 per cent for regional rural banks (RRBs), RBI said in its Quarterly Handout: Aggregate Deposits and Gross Bank Credit of all Scheduled Commercial Banks as on the last Friday of September 2002, released on Friday.
As regards gross bank credit, nationalised banks accounted for a share of 46.7 per cent of the total bank credit, while SBI and its associates had a share of 24.5 per cent. Other SCBs, foreign banks and RRBs had relative shares in the total gross bank credit at 18.6 per cent, 7.4 per cent and 2.9 per cent, respectively.
The state-wise growth rates and shares in deposits and credit of scheduled commercial banks have been worked out, and it is observed that the annual (point-to-point) growth rate of deposits was the highest in Sikkim (36.2 per cent), followed by Maharashtra (32.9 per cent), Manipur (30.6 per cent), Dadra & Nagar Haveli (27.6 per cent) and Andaman & Nicobar Islands (26.6 per cent). The annual (point-to-point) growth rate of bank credit was the highest in Meghalaya (52.8 per cent), followed by Maharashtra (49.3 per cent), Dadra & Nagar Haveli (41.3 per cent), Tripura (35.7 per cent) and Sikkim (31.6 per cent).
Five statesMaharashtra, Delhi, Uttar Pradesh, West Bengal and Tamil Nadutogether accounted for more than 50 per cent of aggregate deposits mobilised by scheduled commercial banks. Only three statesMaharashtra, Delhi and Tamil Nadutogether accounted for more than 50 per cent of gross bank credit of scheduled commercial banks. Maharashtra alone accounted for 20.2 per cent of total deposits and 32.7 per cent of total credit of scheduled commercial banks, RBI said.
The credit-deposit (CD) ratio of all SCBs as on the last Friday of September 2002 works out to 56.9 per cent. The CD ratio was above the all-India ratio in respect of foreign banks (87.4 per cent), Other SCBs (63.5 per cent) and SBI and its associates (57.9 per cent); and was lower for nationalised banks (52.5 per cent) and RRBs (42.5 per cent).
As regards population group-wise CD ratios of all SCBs, metropolitan centres had the highest CD ratio of 80.3 per cent, followed by rural centres (41.2 per cent), urban centres (40.5 per cent) and semi-urban centres (32.8 per cent).
The top hundred centres arranged according to the size of deposits accounted for 60.7 per cent of the total deposits.