Sbi Deposits Share Dips To 20.75%

The share of the State Bank of India as a percentage of total deposits mobilised in the economy has decreased from 23 per cent to 20.75 per cent.

If the private and foreign banks are excluded, SBI's share has gone down from 38.25 per cent to 35.9 per cent in the period 1991-96.

Over the past five years SBI's deposit base has increased from Rs 57,135 crore to Rs 90,587 crore.

The share of private sector banks in total deposit collection has increased from 4.76 per cent in 1991-92 to 6.5 per cent in 1995-96. The quantum of deposit collected has increased, in absolute terms, from Rs 11,802 crore to Rs 28,375 crore.

Foreign banks increased their share from 5.83 per cent to 6.6 per cent over the same period with their deposit base growing from Rs 14,473 crore to Rs 28,821 crore. SBI associate banks have also succeeded in raising their share of total deposits from 6.06 per cent to 7.04 per cent.

In 1991-92, the public sector banks had 60.26 per cent of the total deposits.

This has since then come down to 57.80 per cent. Deposit base of these banks rosefrom Rs 1,49,380 crore to Rs 2,52,282 crore.

In the last five years, current account deposits of the 25 private sector banks have grown 92 per cent whereas the corresponding figure for SBI is only 26 per cent.

Foreign banks have increased their deposits by 47 per cent and nationalised banks by 42 per cent. At the end of 1995-96, of the total domestic deposits from the public, 61.2 per cent was in fixed deposits, 22.5 per cent in saving and 16.3 per cent in current deposits.