Basic Statistical Returns of Scheduled Commercial Banks in India Volume-38, March 2009

The publication, “Basic Statistical Returns of Scheduled Commercial Banks in India (www.rbi.org.in/scripts/AnnualPublications.aspx?head=Basic%20Statistical%20Returns) ”, provides detailed occupation-wise credit data on different dimensions viz. type of account, organization, interest rate range and size of credit limit along with information on population group, bank group, state and district-wise credit data according to type of occupation in addition to several other tables on deposit and credit. One unique feature of this publication is that it covers spatial distribution of both credit sanctioned and credit utilized. The information is collected from bank branches through Basic Statistical Returns 1 & 2 (BSR 1&2). Under BSR 1, account level data for loan accounts with credit limit more than Rs. 2 lakh and occupation-wise consolidated data for loan accounts with credit limit up to Rs. 2 lakh are collected branch-wise. Under BSR 2, branch-wise data on type of deposits, maturity pattern of term deposits and staff are collected. The present volume, 38th in the series, provides detailed data on Credit and Deposits of scheduled commercial banks as on 31st March 2009.

Some salient features based on data published in the publication are set out below :

• At the end of March 2009 gross outstanding credit of scheduled commercial banks amounted to Rs. 28,47,713 crore registering an increase of 17.8 per cent as against an increase of 24.1 per cent in the previous year.

• Aggregate deposits amounted to Rs. 39,21,980 crore registering a growth of 20.7 per cent in 2009 as against 25.1 per cent a year ago.

• The number of borrowal accounts increased to 11.0 crore in 2009 from 10.7  crore in 2008, i.e. by 2.9 per cent.

• The number of deposit accounts in 2009 increased to 66.23 crore from about 58.17 crore in March 2008, i.e. by 13.9 per cent.

• The number of small borrowal accounts (with credit limit up to Rs 2 lakh) contributed 87.0 per cent of total number of accounts as against 88.4 per cent in 2008, while the share of outstanding credit of small borrowal accounts was 12.3  per cent as compared to 13.7 in 2008.

• The distribution of outstanding credit according to interest rate ranges (accounts each with credit limit of over Rs.2 lakh) revealed that the proportion of outstanding amount was the highest at 30.7 per cent in the range of 10 – 12 per cent.

• The weighted average interest rate in respect of all loans and advances with credit limit of over Rs.2 lakh worked out to be 11.47 per cent as at the end of March 2009 as compared to 12.34 per cent in the previous year.

• The share of term deposits in total deposits increased to 63.5 per cent in 2009 from 61.3 per cent in 2008. The share of current deposits and saving deposits was at 12.0 per cent and 24.5 per cent, respectively in 2009 as against 13.9 and 24.8 per cent in 2008.

• The weighted average interest rate of term deposits in 2009 worked out to 8.84 per cent as compared to 8.71 per cent as at end-March 2008.

• The interest rate spread on bank credit (large borrowal account with credit limit over Rs 2 lakhs) over term deposits was at 2.63 per cent in 2009 compared to 3.63 per cent in 2008.

The copies of publication/CD are available in the Sales Section (DRRP), Amar Building (Ground floor), P. M. Road, Reserve Bank of India, Department of Economic Analysis and Policy, Fort, Mumbai - 400 001. This publication is also available with M/s. Jain Book Agency, C-9 Connaught Place, New Delhi and at the Reserve Bank’s Website on the Internet at URL: www.rbi.org.in (www.rbi.org.in/)  

  J.D.Desai
Assistant Manager

Press Release : 2010-2011/270