Sbi, Associates Account For 24.6% Bank Credit

The State Bank of India (SBI) and its associates account for 24.6 per cent of the gross bank credit, while other nationalised banks account for 46.6 per cent, according to the Reserve Bank of India data on Banking Statistics: Quarterly Handout (till the last reporting Friday of June 2002).

Other scheduled commercial banks, including old and new private sector banks, accounted for 18.5 per cent, while foreign banks and regional rural banks (RRBs) had a share of 7.5 per cent and 2.8 per cent, respectively. The data have been classified according to the top hundred centres, states, districts, population groups and bank groups.

Nationalised banks as a group accounted for 50.2 per cent of the aggregate deposits, while State Bank of India and its associates accounted for 24.1 per cent. The shares in aggregate deposits were 16.8 per cent for other scheduled commercial banks, 5.2 per cent for foreign banks and 3.8 per cent for RRBs.

The top hundred centres arranged according to the size of deposits accounted for 60.7 per cent of the total deposits and the top hundred centres according to the size of bank credit accounted for 76.7 per cent of total bank credit.

Maharashtra accounts for 20.5 per cent of the total deposits of scheduled commercial banks and 33.1 per cent of the total credit. Five states