Banks operating in Gujarat registered a robust growth in deposits and as of September 2009, deposits stood at Rs. 2,06,301 crore, an increase of Rs. 51,468 crore over March 2008.

The aggregate deposits of banks in Gujarat stood at Rs. 1,96,984 crores as of June, 2009 , the quarterly report of State Level Banker's Committee (SLBC) said.

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As per SLBC data, deposits of the State Bank Group increased from Rs. 38,690 crore in September 2008 to Rs. 50,883 crore as on September 2009. Nationalised banks' registered 21.29 per cent growth in collecting deposits from Rs. 94,722 crore in September 2008 to Rs. 1,14,890 crore in September 2009.

Deposits of private banks increased modestly by Rs. 217 crore from Rs 25,972 crore in September, 2008 to 26,189 crore in September, 2009.

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