Mumbai:
The credit-deposit (C-D) ratio of scheduled commercial
banks have gone up to 75 per cent in March this year from
72.5 per cent a year ago, on the back of increased credit
utilisation by corporates and individual consumers.
"Among
the states/union territories, the highest C-D ratio was
observed in Tamil Nadu (112.3 per cent) followed by Maharashtra
(98 per cent)," RBI said in its quarterly statistics
on deposits and credits of scheduled commercial banks.
Foreign
banks operating in the country had an even higher C-D
ratio at 87.5 per cent, followed by State Bank of India
and its associates at 78.2 per cent. For other commercial
banks the C-D ratio was 74.1 per cent while for nationalised
banks it was 73.5 per cent. Regional rural banks (RRBs)
had a lower C-D ratio of 58.7 per cent.
Population
group-wise, metropolitan centres had the highest C-D ratio
at 88.7 per cent, followed by rural centres at 60 per
cent and urban centres at 59.5 per cent. Semi-urban centres
recorded the lowest ratio at 53.2 per cent, the RBI statement
said.
Bank
credit during fiscal 2006-07 went up by 28.5 per cent
while the deposits increased by only 24.2 per cent.
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