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    <title>RBI releases &#039;Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks: March 2013&#039;</title>
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    <description>Quarterly statistics on scheduled commercial banks as of March 31, 2013 show aggregate deposit growth rose to 14.2% y o y driven by urban branches, while gross bank credit growth slowed to 15.1% due to deceleration in rural and metropolitan branches. The top hundred centres concentrate the bulk of deposits and credit; large offices account for the vast majority of deposits and credit. Nationalised banks, the SBI group and private sector banks are the principal holders of deposits and credit, and the overall credit to deposit ratio for SCBs is 78.1%, with foreign banks, new private banks and the SBI group above that average.</description>
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    <pubDate>Thu, 19 Sep 2013 17:16:02 +0530</pubDate>
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      <title>RBI releases &#039;Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks: March 2013&#039;</title>
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      <description>Quarterly statistics on scheduled commercial banks as of March 31, 2013 show aggregate deposit growth rose to 14.2% y o y driven by urban branches, while gross bank credit growth slowed to 15.1% due to deceleration in rural and metropolitan branches. The top hundred centres concentrate the bulk of deposits and credit; large offices account for the vast majority of deposits and credit. Nationalised banks, the SBI group and private sector banks are the principal holders of deposits and credit, and the overall credit to deposit ratio for SCBs is 78.1%, with foreign banks, new private banks and the SBI group above that average.</description>
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