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  1. Commercial banks deposits double to Rs 89 lakh crore during 2010-2015

Commercial banks deposits double to Rs 89 lakh crore during 2010-2015

Deposits with commercial banks almost doubled during 2010-2015 to Rs 89.22 lakh crore while their credit rose twofold to Rs 68.78 lakh crore during the same period, RBI data showed today.

By: | Mumbai | Updated: June 27, 2016 9:36 PM
RBI bad loans Deposits with commercial banks almost doubled during 2010-2015 to Rs 89.22 lakh crore while their credit rose twofold to Rs 68.78 lakh crore during the same period, RBI data showed today. (Reuters)

Deposits with commercial banks almost doubled during 2010-2015 to Rs 89.22 lakh crore while their credit rose twofold to Rs 68.78 lakh crore during the same period, RBI data showed today.

The data was based on Reserve Bank’s first edition of statistical publication ‘Handbook of Statistics on Indian States 2015-16’.

The deposits and credits are on all-India basis.

The data on states is broadly divided into six regions — north, north-eastern, east, central, west and south.

Deposit-wise, the western region witnessed the highest amount mobilised by banks at Rs 26.85 lakh crore witnessed in 2015 as against Rs 14.49 lakh crore in 2010. The southern region saw the second-highest money deposit by banks at Rs 20.37 lakh crore as against Rs 9.82 lakh crore during the five year period ranging 2010 to 2015.

While, the deposits by the commercial banks in north eastern region were the lowest at Rs 1,555 billion (2015), from Rs 769 billion (2010).

In terms of credit off-take from banks during 2010 to 2015, the western region was on the top of the list at Rs 23.40 lakh crore (2015) from Rs 11.46 lakh crore (2010).

Likewise, the north-eastern region remained the laggard in credit off-take as well at Rs 536 billion (2015) from Rs 273 billion (2010), showed the RBI data.

RBI said the publication is aimed at disseminating wide-ranging data on the regional economy of India.

The set of data that runs over 480 pages contains statistics on socio-demographics, state domestic product, agriculture, industry, infrastructure, banking and fiscal indicators across Indian states over a time period ranging from 1951 to 2015-16.

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