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MUMBAI, Oct. 7

NATIONALISED banks accounted for 50.20 per cent of aggregate deposits, with State Bank of India (SBI) and its associates accounting for 24.10 per cent, for the quarter ended June 2002, according to the latest statistics released by the Reserve Bank of India.

Shares in aggregate deposits were 16.80 per cent for other scheduled commercial banks, 5.20 per cent for foreign banks and 3.80 per cent for regional rural banks, according to the RBI's quarterly handout on Banking Statistics, June 2002, providing data on aggregate deposits and gross bank credit of scheduled commercial banks as on the last Friday of June 2002.

Nationalised banks account for a share of 46.60 per cent of the total gross bank credit, with SBI and associates at 24.60 per cent. Other scheduled commercial banks, foreign banks and regional rural banks accounted for 18.50 per cent, 7.50 per cent and 2.80 per cent respectively.

The RBI data has been classified according to top hundred centres, States, districts, population groups and bank groups. The primary data have been collected from all scheduled commercial banks.The top hundred centres arranged according to the size of deposits accounted for 60.70 per cent of the total deposits and the top hundred centres arranged according to the size of bank credit accounted for 76.70 per cent of total bank credit, said an RBI press release.

State-wise growth rates and shares of deposits and credit of scheduled commercial banks had been worked out and it was observed that the annual (point-to-point) growth rate of deposits was the highest in Maharashtra (33.50 per cent), followed by Andaman and Nicobar Islands (28.80 per cent), Sikkim (26.40 per cent), Uttaranchal (26.30 per cent), Chhattisgarh (26.10 per cent), etc.

The annual (point-to-point) growth rate of bank credit was the highest in Dadra and Nagar Haveli (63.40 per cent), followed by Maharashtra (52.20 per cent), Chhattisgarh (43.90 per cent), Mizoram (36 per cent), Sikkim (35.5 per cent), etc.

Five States, namely Maharashtra, Delhi, Uttar Pradesh, West Bengal and Tamil Nadu together accounted for more than 50 per cent of aggregate deposits mobilised by scheduled commercial banks; while only three States, namely: Maharashtra, Delhi and Tamil Nadu together accounted for more than 50 per cent of gross bank credit of scheduled commercial banks. Maharashtra alone accounted for 20.50 per cent of total deposits of scheduled commercial banks and 33.10 per cent of total credit.

The credit-deposit (CD) ratio of all scheduled commercial banks as on the last Friday of June 2002, works out to 57.50 per cent.

The CD ratio was above the all-India level in respect of foreign banks (84.10 per cent), other scheduled commercial banks (63.40 per cent) and State Bank of India and its associates (58.80 per cent); and was lower for nationalised banks (53.40 per cent) and regional rural banks (42.20 per cent).

As regards population group-wise CD ratios of all scheduled commercial banks, metropolitan centres had the highest CD ratio of 81.20 per cent, followed by urban centres (41.50 per cent), rural centres (41.10 per cent) and semi urban centres (32.70 per cent).

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