This Volume, twenty-ninth in the series, presents comprehensive data on deposits and credit of scheduled commercial banks and also information on number of employees of the banks, as on 31^st March 2000. The data are collected through the annual statistical surveys, Basic Statistical Returns (BSR) - 1 & 2, from the offices of scheduled commercial banks in India. The earlier title of the publication, i.e. ‘Banking Statistics’ has been changed as ‘Basic Statistical Returns of Scheduled Commercial Banks in India’. This has been done with a view to highlight the source and the nature of the data published in this Volume and also to indicate the basic distinction between the banking statistics presented in another publication of the Bank, viz.,

‘Statistical Tables Relating to Banks in India’, which is based on data collected through various statutory returns and other statistical returns. Information on other publications of the Bank on Banking Statistics is given in the Appendix.

2. The BSR-1 & 2 returns have been revised with effect from March 1999 Survey in line with policy changes and developments in the banking sector. The significant features of the

revision are:

(i) the cut-off credit limit for classifying borrowal accounts of scheduled commercial banks under ‘small borrowal accounts’ is raised to Rs.2 lakh from Rs.25,000 earlier;

(ii) minimum maturity period of term deposits is reduced to 15 days from 30 days; and

(iii) rate of interest of borrowal accounts is presented exclusive of interest tax.

As a result of these changes, the data presented in some of the tables in this Volume and Volume 28 for March 1999 are not comparable with those of the earlier years.

3. BSR-1 relates to gross bank credit and comprises term loans, cash credits, overdrafts, bills purchased and discounted, bills re-discounted under the New Bill Market Scheme as also dues from banks. Whereas, the bank credit data, based on returns under Section 42(2) of the RBI Act, 1934 is exclusive of dues from banks and bills re-discounted under the New Bill Market Scheme. The BSR-1 return is divided into two parts - Part A and Part B (BSR-1A and BSR-1B). Till 1998, the BSR-1A return covered accounts with individual credit limit of over Rs. 25,000. Consequent upon the revision in the cutoff credit limit from March 1999 survey, BSR-1A return for banks other than regional rural banks covers accounts with individual credit limit of over Rs. 2 lakh. In the case of regional rural banks, the cut-off credit limit is at Rs. 25,000. In BSR-1A, information in respect of each of the borrowal accounts is collected on various characteristics, such as place (district and population group) of utilisation of credit, type of account, type of organisation, occupational category, nature of borrowal account, rate of interest, credit limit and amount outstanding. In BSR 1-B, information in respect of accounts with individual credit limit upto Rs. 2 lakh (Rs. 25,000 for regional rural banks) is obtained in consolidated form for broad occupational categories. The information on small borrowal accounts are obtained from BSR-1B returns of scheduled commercial banks (including regional rural banks) together with the accounts having credit limit above Rs. 25,000 and upto Rs. 2 lakh in BSR-1A returns of regional rural banks.

4. In BSR-2, each bank office submits information on deposits with their break-up into current, savings and term deposits. Information on deposit accounts of females is also given separately. Information of term deposits according to different maturity periods is also furnished in this return. In addition, BSR-2 also provides information on staff strength, classified according to gender and category (i.e. supervisory, clerical and subordinates), in individual bank offices as on the reference date of the survey. Deposits exclude inter-bank deposits. Current deposits comprise (i) deposits subject to withdrawal on demand (other than savings deposits) or on notice of less than 15 days, or term deposits with a maturity period of less than 15 days; (ii) call deposits withdrawable not later than 14 days; (iii) unclaimed deposits; (iv) overdue fixed deposits; (v) credit balance in cash credit and overdraft accounts and (vi) contingency unadjusted account if in the nature of deposits. Savings deposits are deposits accepted by banks under their savings bank deposit rules. Term deposits are deposits with a fixed maturity of not less than 15 days or subject to notice of not less than 15 days. These would also include (i) deposits payable after 14 days notice; (ii) cash certificates; (iii) cumulative or recurring deposits; (iv) Kuri & Chit deposits and (v) special deposits in the nature of term deposits. Conceptually, the deposits data in BSR-2 and the aggregate deposits in Section 42(2) return are the same. However, the deposits presented in this Volume except in Table 1.1 exclude the proceeds of Resurgent India Bonds (RIBs) so as to reflect a balanced geographical distribution of deposits. In BSR-2, bank branches also give classification of term deposits according to broad interest rate ranges. A table giving percentage distribution of term deposits according to interest rate range is presented in the Volume, based on this data.

5. Out of the 67,061 offices of scheduled commercial banks functioning as on the last day of March 2000, BSR-1 returns were received from 62,782 offices. BSR-2 returns were received from 63,357 offices. In the case of non-reporting offices the data have been estimated based on the previous round of the survey and from the available information in the Quarterly Return on Aggregate Deposits and Gross Bank Credit (BSR-7) as of 31^st March 2000.

Outline of the Volume

6. This Volume is divided into five different Sections disseminating credit and deposits data of scheduled commercial banks with reference to various classificatory characteristics. Section 1 presents general information on commercial banking as also the summary data on deposits and credit at the all-India and State level. Section 2 gives State-wise / District-wise distribution of deposits and outstanding credit classified according to population groups and bank groups. Data on distribution of deposits by type of deposits are presented in Section 3. Classification of outstanding credit according to different categories such as size of credit limit, rate of interest, type of organisation, type of account, bank group, State and population group, etc. are given in Section 4. In Section 5, these are further classified according to occupation of the borrower. District and occupation-wise distribution of outstanding credit is also given in Section 5.

7. BSR-1A return provides for identification of the district and population group of the place where the credit is utilised. However, in BSR-1B return, such information is not being collected; it is presumed that in respect of these accounts the credit is utilised in the same place where it has been sanctioned. State and population group-wise data on credit given in Sections 4 and 5 are based on place of utilisation of credit, whereas in Section 2, these are based on place of sanction of credit. In Section 1, when presented with deposits, (Tables 1.3, 1.4 and 1.5) credit is as per place of sanction and when presented separately (Tables 1.10 and 1.11) it is based on place of utilisation. Tables 1.6 to 1.8 give credit according to both the place of sanction and the place of utilisation so as to facilitate comparison.

Explanatory Notes

8. Brief explanatory notes on some of the tables presented in various Sections of this Volume are given below:

Table 1.1 in Section 1 presents the progress of commercial banking at a glance, based on data collected from different sources as per details given in the ‘Notes on Tables’. Table 1.9 presents classification of outstanding credit according to detailed occupations. Table 1.17 gives population group and occupation-wise classification of small borrowal accounts each with credit limit of Rs.2 lakh and less. Table 1.16 gives percentage distribution of small borrowal accounts according to broad category of borrowers and gender-wise classification. Tables 1.13, 1.14 and 1.15 provide truncated distributions of outstanding credit of scheduled commercial banks according to interest rate range, type of account and organisation respectively, for accounts having individual credit limit above Rupees two lakh. Tables 1.21 to 1.23 give the information on deposits of scheduled commercial banks according to broad ownership category. Tables 1.24 to 1.26 give maturity pattern of term deposits according to broad ownership category, population group and bank group, respectively. Table 1.27 gives interest rate range-wise distribution of term deposits. Tables 4.1 to 4.6 in Section 4 and Tables 5.1 to 5.3 in Section 5 provide different truncated distribution relating to outstanding credit of scheduled commercial banks, for accounts having individual credit limit above Rupees two lakh. Table 5.8 provides information on small borrowal accounts having individual credit limit of Rupees two lakh and less.

9. Population groups of the banked centres presented in this Volume are based on the 1991 census. The population groups are defined as under:

1. ‘Rural’ group includes all centres with population of less than 10,000.
2. ‘Semi-urban’ group includes centres with population of 10,000 and above but less than 1 lakh.
3. ‘Urban’ group includes centres with population of 1 lakh and above but less than 10 lakhs.
4. ‘Metropolitan’ group includes centres with population of 10 lakhs and more.

10. Banks have been grouped as under

1. State Bank of India and its Associates
2. Nationalised banks
3. Foreign banks
4. Regional rural banks
5. Other scheduled commercial banks.

11. The totals given in the tables may not exactly tally with the sum of the constituent items on account of rounding off of the figures. The unit lakh is equal to 1,00,000. Throughout this Volume, the symbol ‘ - ’ indicates nil or negligible. Figures in brackets indicate percentage to totals. Notes on tables as appropriate to each table are given at the end of the Volume.

12. This Volume is prepared in the Banking Statistics Division of the Department of Statistical Analysis and Computer Services.

RESERVE BANK OF INDIA

DEPARTMENT OF STATISTICAL ANALYSIS
AND COMPUTER SERVICES
C-8/9, BANDRA-KURLA COMPLEX
POST BOX No.8128
BANDRA (EAST)
MUMBAI - 400 051

Dated: March 21, 2001