In a report on the “Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks-September 2008,” released on Wednesday by the Reserve Bank of India (RBI), nationalised banks, as a group, accounted for 48.6% of aggregate deposits, while State Bank of India (SBI) and its associates accounted for 23.2%. The share of other scheduled commercial banks, foreign banks and regional rural banks in aggregate deposits were 19.4%, 5.8% and 3%, respectively. With regard to gross bank credit, nationalised banks held the maximum share of 47.9% in the total bank credit, followed by State Bank of India and its associates at 23.4% and other scheduled commercial banks at 19.3%. Foreign banks and RRBs had a relatively lower share in the total bank credit at 7.2% and 2.2%, respectively.
The credit-deposit (CD) ratio of all SCBs as on the last Friday of September 2008, at the all India level, it stood at 74.9%.
The report said that the CD ratio of all SCBs in metropolitan centres was the highest at 89.8%, followed distantly by rural centres at 57.1% and urban centres at 57%. The semi-urban centres recorded the lowest CD ratio at 51.7%.
The report observed from the distribution of SCB offices by size of deposits, the offices with deposits of Rs 10 crore or more, accounted for 59.8% of the bank offices, 95.5% in terms of aggregate deposits and 92.6% in total bank credit.
The offices, which extended credit of Rs 10 crore or more, accounted for 35.4% in terms of the total number of offices. These offices together accounted for 92.2% of total bank credit, whereas their share in aggregate deposits was 75.6%. Among the states and union territories, the highest CD ratio was observed in Tamil Nadu (113.6%) followed by Chandigarh (107.4%).