STATE LEVEL BANKERS' COMMITTEE, MADHYA PRADESH
134th Meeting dated 24th December 2008
AGENDA FOR THE MEETING
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ITEM NO.3: PERFORMANCE OF BANKING SECTOR IN MADHYA PRADESH AT A GLANCE
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Action Point 1:(Rs. In Crores)
3.1 Branch expansion The total number of branches operating in the State is 5055 as on September 08. There is a net increase of 106 bank branches over March-08.
Bank wise position is given in Table No. 1 Page No.38-39.
3.2 Deposit growth During the period under review, the aggregate deposits of the banks in Madhya Pradesh increased by Rs 8080 crores, from Rs 89604 crores as at March 08 to Rs 97684 crores at Sept. 08,. Thus recording a growth of 9.02%. Area wise details are as under: (Amt.. in Crores)
Bank wise position is given in Table No. 2 & 3 Page No.40-43
3.3 Credit Expansion The gross credit in the State increased by Rs 2414 crores, from Rs.60057 crores as at March 08 to Rs 62471 crores at Sept 08, thus exhibiting a growth of 4.02 %. Area wise details are as under: (Amt.. in Crores)
Bank wise position is given in Table No. 2 & 3 Page No.40-43.
3.4 Credit Deposit Ratio During the period under review overall CD ratio of Banks for the State of Madhya Pradesh is 64.% as on 30.09.2008 Area wise details are as under : Bank wise position is given in Table No. 2 & 3 Page No.40-43.
3.4.1. LOW CD RATIO
Though C/D Ratio in the state in the quarter ended 64% is above the national goal of 60% but it has slipped by 2% from the previous quarter. As per information received from LDMs, C/D Ratio of following 8 districts is below 40%. (Ratio in %age)
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