Nationalised banks take the largest chunk of credit disbursement

The share of nationalised banks in credit disbursal now exceeds half the total loans in the country.

According to Reserve Bank of India's 'Quarterly statistics of credit and deposit in scheduled commercial banks', nationalised banks disbursed 51 per cent of total credit money in 2008-09 compared to 48 per cent the previous year.

While the State Bank of India (SBI) and its group disbursed 23 per cent, private banks' figure stood at 18 per cent, and foreign banks' at 6 per cent.

Region wise, the western region contributed most of the amount, accounting for over a third of the total credit money.

The year also saw Indians deposit Rs7,28,078 crore in banks, a 27-per cent increase from the previous year. The public sector banks took away the major chunk of the pie, with the State Bank of India keeping 28 per cent.

According to Reserve Bank of India's report, the total deposits in scheduled commercial banks stood at nearly Rs39 lakh crore at the end of March 2009. The public sector banks have secured about three fourths of the total deposits.