Mumbai: The credit off-take at the top 100 banking centres, which account for 75.5 per cent of the total bank credit in the country, grew by 19.8 per cent upto June 2004 as against 10.3 per cent growth recorded a year ago.

Bank deposits at the top 100 banking centres, which account for 64 per cent of the total deposits, rose by 22.4 per cent upto June 2004 over 14.4 per cent registered upto June 2003, RBI (Reserve Bank of India) said in it's quarterly statistics on deposits and credit of scheduled commercial banks.

The credit deposit (C-D) ratio of scheduled commercial banks at all India level stood at 58 per cent with Chandigarh topping the list at 102.4 per cent followed by Tamil Nadu (89.8 per cent), Maharashtra (79.9 per cent), it said.

At the bank group level, the C-D ratio was highest for the foreign banks at 88.9 per cent, other scheduled commercial banks (67.6 per cent). It was lower for State Bank of India (SBI) and associates (56.4 per cent), nationalised banks (53.4 per cent) and Regional Rural Banks (47.4 per cent).

The population group-wise C-D ratio of banks was highest in metropolitan centres at 74.1 per cent, followed by urban centres (46.1 per cent), rural centres (44.6 per cent) and semi-urban centres (37.9 per cent), it said.

On the share of banks in deposits, RBI said nationalised banks accounted for 50.2 per cent, while SBI and its associate at 24.5 per cent and other commercial banks 16.9 per cent.

As regards gross bank credit, Nationalised banks accounts for 46.2 per cent of credit, SBI & associates at 23.8 per cent and other scheduled banks at 19.7 per cent, it added.