Macroeconomic Indicators

The deposit growth of scheduled commercial banks in top 50 centres was lower at 12.4% in 2012, compared with 18.6% in 2011. The credit growth was also lower at 16.4% compared with 22.8%, but the credit deposit ratio improved to 88.5% from 85.5%. This ratio was more than 100% in as many as 10 out of the 50 top centres. At the all-India level for the banking system as a whole, the credit deposit ratio ruled much lower in 2011 and 2012 at 75.1% and 78.1%, respectively.