Belgaum up at 77th Place in Deposit base & 70th in Credit: RBI report
10:49 AM Posted by ukmad
The Reserve Bank of India released its 'Quarterly Statistics on Deposits and Credit of Scheduled 2008'. The publication contains data relating to deposits and credit of scheduled commercial banks including (RRBs) as on March 31, 2008.
In the last report Belgaum stood at 76th place in both credit and deposit base, i.e.Dec 2007. In the next quarter Belgaum deposit base has come down by 1 place to 77 and the credit base has gone up 6 places to 70th position.
Belgaum is still at Fifth place in Karnataka after Bangalore, Mangalore, Mysore & Hubli.
Providing this info here is only one pretext and to make know to the Belgaumites where we stand in Market as a whole. I have heard no doubt we are in 5th place in the deposit and credit base we are in 2nd position in terms of paying taxes to the govt. (I need to factually find the source tough)
No other site or even news paper cover this, but as Belgaumites we should know where we stand and all the big companies who plan to start any kind of operations here see these kind of reports and make their plans, hence I thought it fit to post this here.
Note: 'Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks' provides data on aggregate credit of scheduled commercial banks as on March 31, 2008. The data are based on Basic Statistical Return the branches of all scheduled commercial banks (including RRBs).
Source: Press Release: 2008-2009/72 RBIThe full report is here
In the last report Belgaum stood at 76th place in both credit and deposit base, i.e.Dec 2007. In the next quarter Belgaum deposit base has come down by 1 place to 77 and the credit base has gone up 6 places to 70th position.
Belgaum is still at Fifth place in Karnataka after Bangalore, Mangalore, Mysore & Hubli.
Providing this info here is only one pretext and to make know to the Belgaumites where we stand in Market as a whole. I have heard no doubt we are in 5th place in the deposit and credit base we are in 2nd position in terms of paying taxes to the govt. (I need to factually find the source tough)
No other site or even news paper cover this, but as Belgaumites we should know where we stand and all the big companies who plan to start any kind of operations here see these kind of reports and make their plans, hence I thought it fit to post this here.
Note: 'Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks' provides data on aggregate credit of scheduled commercial banks as on March 31, 2008. The data are based on Basic Statistical Return the branches of all scheduled commercial banks (including RRBs).
Source: Press Release: 2008-2009/72 RBIThe full report is here
Belgaum 76th place in Deposits & Credit base
6:07 PM Posted by ukmad
Amongst the Top Two Hundred Centers Arranged According to Size of Aggregate Deposits / Gross Bank Credit - December 2007: Belgaum stands at 76th place for Deposits of 3101 crores and credit of 1936 crores.
These figures are the gross deposit base and credit given by all the banks in Belgaum.
All figures in Crores.
Belgaum is 5 in the State after Hubli. All the big companies see this data only when they plan an entry into the city & for this reason all the development of Hubli takes first and then its Belgaum. Take anything for that matter from Icici bank to HDFC bank, first in Hubli and then in Belgaum.
However, I was amazed to see Kolhapur at 99th place. Kolhapur is a very good industrial hub but the deposits are less but the credit is more than Belgaum.
