banking statistics

8/2/2019 Banking Statistics

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Manua l on Fina ncial and Ba nk ing Sta tis tics

2. BANKING STATISTICS

T h e b a n k i n g s y s t e m i n I n d i a c o m p r i s e s

commercial and cooperative banks, of which the

former accounts for more than 90 per cent of

ba n king system s a ss ets. Besides a few foreign

and Indian private banks, the commercial banks

comprise na t ional ized banks (major i ty equi ty

holding is with the Government), the State Bank

of In dia (SBI) (m ajority equ ity holdin g bein g with

the Reserve Bank of India) and the associate

banks of SBI (majority holding being with State

Bank of India). These banks, along with regional

rural banks, consti tute the public sector (s tate-

owned) banking system in India. A diagrammatics t r u c t u r e o f I n d i a n b a n k i n g , i n c l u d i n g

cooperatives, is presented in Figure 2.1. Banking

statis t ics in Ind ia is predominan tly comp iled a nd

disseminated by the Reserve Bank of India (RBI)

and Nat ional Bank for Agricul ture and Rura l

Development (NABARD). As the data collection

m e c h a n i s m a n d t h e d i s s e m i n a t i o n s t a n d a r d s

thereof vary for commercia l and coopera t ive

banks , th i s chap te r p re sen t s re l evan t de ta i l s

separa tely for comm ercial ban ks an d cooperative

b a n k s . H o w e v e r , t h e r e i s s o m e o v e r l a p p i n gi n f o r m a t i o n w h i c h i s c o l l e c t e d b o t h f r o m

commercial and cooperative banks. Accordingly

Section 2.1 covers information on commercial

b a n k s , w h i l e t h a t o f c o o p e r a t i v e b a n k s i s

presented in Section 2.2.

2 . 1 . Ba nk in g St at i st ic s o n Co m m e rc i al

Banks

As a part of central banking activit ies and the

overa l l economic perspec t ive of the banking

sys tem of the coun t ry , RBI co l l ec t s a vas tamount of information on the banking system

through va r ious s t a tu to ry and con t ro l (non-

statutory) returns. Control returns cover various

a s p e c t s o f b a n k i n g i n f o r m a t i o n l i k e s p a t i a l

dis tribution of deposits and credit , international

banking, pr ior i ty sec tors , e tc . Each aspect i s

again def ined by i t s own separa te s ta t is t ica l

system. Against this background, the information

based on s ta tu tory re turns and those of control

or special returns are presented separately.

2 .1 .1 . S tat i s t ic s based on S tatu tory Returns

T he da ta rece ived th rough va r ious s t a tu to ry

re turns in RBI are mainly used for monetary

policy formulation and regulatory prescriptions.

However, the information based on a few returns

is only disseminated to the public. Among them,

s t a t i s t i c s f i l e d s t a t u t o r i l y b y b a n k s o n t w o

retu rns / reports a re m ost s ignifican t, viz., Form

A/ B and ann ua l reports of ban ks (ba lance shee t

and profit and loss account). These are discussed

below.

2 .1 . 1. 1. Bu sin es s of all Sc he du le d Ban ks

in India

One of the most important s tatis t ics based on

s t a t u t o r y F or m A/ B r e t u r n s , w h i ch a r e

disseminated by RBI (RBI Bulletin), are labelled

under the t i t le Bus ines s of a ll Sch ed uled Bank s

in India. Each Scheduled Bank (commercial and

cooperative bank) is required to furnish to the

RBI fortnightly return showing major items of

i ts assets and l iabil i t ies in India as at the close

of business on reporting Friday, as per Section

42(2) of RBI Act, 1934. Scheduled Banks are

a l s o r e q u i r e d t o f u r n i s h a s p e c i a l r e t u r n

corresponding to the last Friday of every month

if i t is not a reporting Friday. This return is

submitted in the prescribed form viz. , Form-A

for Scheduled Commercial Banks and Form-B

for Scheduled Cooperative Banks. Provisional

data are to be submitted within 7 days of the

reference date and final data within 21 days.

The form at of Form A was revised b as ed on

the recommendation of the Working Group on

Money Supply: Analytics and Methodology ofCompilation (Chairman: Dr. Y. V. Reddy) in

October 199 8. In an attem pt to fill the data gaps

e m e r g e d d u e t o t h e l i b e r a l i s a t i o n a n d

d e r e g u l a t i o n i n t h e f i n a n c i a l s e c t o r , t h e

Scheduled Commercial banks have been advised

as a s equel to the recommend ations of the Reddy

Committee to report the returns under Section

42(2) in a revised format with effect from 9 th

O c t o b e r 1 9 9 8 . T h e r e v i s e d f o r m a t i n c l u d e s

Memora n du m t o Form A (pa id -u p cap i t a l ,

reserves, etc.), Annexure A (details of foreign


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Ba nk ing S ta tis tics


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cu rren cy liab ilities an d as sets ) an d An n exur e B

(details of investments in non-SLR securities).

The provisional Section 42(2) data are released

by RBI through weekly press communiqu anda re a l so pub l i shed in the Week ly S ta t i s t i ca l

Supplement to RBI Bulletin (WSS). The final data

of Sec t ion 42(2) re turn are publ ished in the

Reserve Bank of India Bulletin, every month, in

two tables, viz., i) All Scheduled Banks-Business

in India a nd ii) All Schedu led Com mercial Bank s-

Business in India.

2.1.1.1.2. Measurement Needs of the Data

Section 42(2) data are primarily collected for

moni tor ing the compliance of s ta tu tory cash

r e s e r v e r a t i o ( C R R ) b y S c h e d u l e d B a n k s

operating in India and also for money supply

compilation. In addition, these data are also used

for monitoring overall banking business in India,

including the trends of important indicators l ike

aggregate deposits, bank credit, investments, etc.

These data are published in the two statutory

publications of RBI viz., (i) RBI Annual Report

and (ii) Report on Trend and Progress of Banking

in India.

2 . 1 . 1 . 1 .3 . Co n c e pt s , De fi n it io n s a nd

Classif ications

As per Section 42(2) of the RBI Act, 1934, every

scheduled bank is required to submit to the

Reserve Bank of India a return showing (i) the

amount of i ts demand and t ime liabil i t ies and

the amount of i t s borrowings f rom banks in

India, classifying them into demand and t ime

liabilities, (ii) the total amount of legal tender

notes and coins held by i t in India, (i i i) the

balances he ld by i t a t o ther banks in currentaccount and the money a t ca l l and short not ice

in India, (iv) the investments (at book value) in

C e n t r a l a n d S t a t e G o v e r n m e n t s e c u r i t i e s

including Treasury Bills and Treasury deposit

receipts, (v) the amount of advances in India,

(vi) the inland bil ls purchased and discounted

i n I n d i a a n d f o r e i g n b i l l s p u r c h a s e d a n d

discounted, a t the c lose of bus iness on each

alternate Friday, and every such return shall be

sent not later than seven days after the date to

which it relates.

Effectively, For m A & Form B do n ot d iffer except

for one item viz., Demand and Time Liabilities

u nd er Liabili t ies t o th e Ban king Syst em, for

which, the break-up into demand liabil i t ies and

time liabilities are given separately in the case of

Coopera tive Ban ks (i.e., in F orm B).

Definitions / classificat ion of Liabilities to th e

Ban kin g System as well as Liabilities to oth ers

in India are given in the following paragraphs.

I. Lia b ilit ies t o t h e Ba n k in g Sys tem in In d ia

a ) Dem a n d a n d t im e d ep os it s fr om b a n k s

b) Bor rowings from banks (inc ludes in te r -

b a n k b o r r o w i n g s a n d i n t e r - b a n k

depos i ts a t ca l l or short not ice not

exceeding 14 days).

c ) O th e r d em a n d a n d t im e lia b ilit ie s

II. Lia b ilit ies t o Ot h er s in In d ia

a ) Aggr ega te depos i ts (o ther than from

b a n k s )

i) Dem a n d

ii) Tim e

b) Borrowings (borrowings repre sen t tota lborrowings from ou tside th e Ban king

System. Money at call an d s hort notice

o b t a i n e d f r o m L I C , U T I e t c . a r e

inc luded where a s bo r rowings f rom

RBI, NABARD, EXIM Bank etc. are

excluded from this item.).

c ) O th e r d em a n d a n d t im e lia b ilit ie s

Dem and Depos its com pris e:

(i) Cu r r en t dep os it s(i i) Demand liabilit ies portion of savings ban k

deposits

(iii) Ma r g in s h e ld a ga i n s t l et t e r o f c r ed i t/

guarantees

(iv) Balances in overdue fixed depos its

(v) C as h c er t ific a te s

(vi) Cumu la t ive / Recur r ing depos it s

(vii) O u t s t a n d in g t e le gr a p h i c a n d m a i l

t ransfers


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(viii) D em a n d dr a ft s

(ix) Un c la im e d d ep os it s

(x) C r ed i t b a la n c e s in t h e c a s h c re d it

accounts

(x i) Depos it s he ld a s s ecur i ty fo r advances

which are payable on demand

Time Deposits comprise:

(i) F ixe d d ep os it s

(ii) Cash cer t ifica tes

(iii) Cumu la t ive and recur r ing depos it s

(iv) Time l iabi lit ies por t ion of savings ba nk

accoun t

(v) S ta ff s ecur i ty depos it s

(vi) Margins he ld agains t le t ters of c redit i f

not payable on deman d

(vii) F ix e d d e p os i t s h e l d a s s e c u r i t y fo r

advances

(viii) Money repayable at notice exceeding 14

days or more received from LIC, UTI, etc.

Other Demand and Time Liabilities comprise:

(i) In te res t acc rued on depos it s

(ii) B ills p a ya b le

(iii) Un p a id d ivid en d s

(iv) Suspense accoun t ba lances repre sen t ing

amounts due to o ther banks or publ ic

(v) Part ic ipa t ion cer t ifica tes is su ed to other

financial insti tutions other than banks

(vi) Any amount du e to the Bank ing Sys tem

which are not in the nature of deposits

or borrowings. (Such liabilities may arise

du e to items su ch as (a) collection of bills

on behalf of other banks (b) interest due

to other banks and so on. Whenever i t

has not been possible to segregate the

liab ilities to th e Ban kin g System from

th e to ta l o f Othe r dem an d an d t ime

liab ilities, th e ent ire Oth er d ema n d a nd

tim e liab ilities ar e trea ted a s liability to

Others).

III. As s et s wit h t h e B an k in g Sys t em

Assets with the banking system comprise the

following:

a . B a la n c e s w it h t h e B a n k in g Sys t e m in

Current Account

b . B a la n c es wit h Ot h er Ba n k s in O th e r

Accounts

c. Mon e y a t Ca ll a n d S h ort Not ice : T h i s

r e p r e s e n t s f u n d s m a d e a v a i l a b l e t o t h e

B a n k i n g S y s t e m b y w a y o f l o a n s o r

deposits repayable at call or short notice of

14 days or less .

d . A d va n ce s to B a n k s , i.e ., Du e from B a n k s :

This represents the loans other th an Moneyat ca ll an d s hort n otice m ad e availab le to

t h e B a n k i n g S y s t e m . P a r t i c ip a t i on

Certificates purchased is also included here.

e. Other As sets : Any other amounts due from

th e Ban k ing Sys tem, wh ich can no t b e

c la s s i f i ed unde r any o f the above th ree

items. For example, in the case of inter-

bank remit tance fac i l i t ies scheme, as on

date, the total amount held by a bank with

other banks (in transit or other accounts)

a re shown he re a s such sums canno t becon st ru ed a s ba lan ces or call mon ey or

advances.

IV. Ca s h in In d ia (i. e., Ca s h in h a n d )

Cash in hand represents notes and coins he ld

by the bank as till money. Currencies of foreign

countries are not included here.

V. In ves tm en ts in In dia

Investments indicate the total investments in (A)

Government securities and (B) Other approvedsecurit ies .

A. Inves tm ents in Governm ent S ecuritie s :

(i) C e n t r a l a n d S t a t e Go ve r n m e n t

securities including treasury bills

(ii) Treasu ry deposit receipts

(iii) Treas u ry sa vin gs deposit certificates

(iv) P os t a l o b lig a t io n s s u c h a s n a t io n a l

p l a n c e r t i f i c a t e s , n a t i o n a l s a v i n g s

certificates, etc.


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(v) Governm ent Secur it i es depos i t ed by

fo r e ig n s c h e d u le d b a n k s u n d e r

Sec.11(2) of BR Act, 1949

B. Inves tm ents in Other Approved S ecuritie s :

(i) Securi t ies of Sta te ass ocia ted bodies

such a s E lec t r i c i ty Boa rd , Hous ing

Board and Corporation Bonds.

(ii) D e b e n t u r e s o f La n d D e v el op m e n t

Banks

(iii) Units of UTI

(iv) Sha res of RRBs, etc., which are treated

as approved securit ies under Sec.5 (a)

of BR Act, 1949.

VI. Bank Credit in Ind ia (exc lud ing in te r -

bank advances)

Bank credit in India is the total of three i tems

viz. (A) Loans, cash-credits and overdrafts, (B)

Inland bil ls purchased and discounted and (C)

Foreign bills purchased and discounted. Bills

(inland and foreign) rediscounted with the RBI,

IDBI and other f inancia l ins t i tu t ions are not

inc luded under th is head.

a ) Loa ns , ca s h-cred its and overd ra fts

(i) Deman d loans

(ii) Term loans

(iii) Cash-credits

(iv) Overdrafts

(v) P a c k in g c r e d i t , e t c ., g r a n t e d t o

cons t i tuents (o ther than banks)

(vi) An y other type of credit facilities oth er

than by way of b i l l s purchased and

discounted

b) Inland Bills Purch as ed and Dis cou n te d

Inland bil l drawn and payable in India including

demand draf t and cheques purchased. Separa te

break-up is presented for bil ls purchased and

discounted.

c) Foreign Bills Purchased and Discounted

Foreign bills covers all export and import bills

p u r c h a s e d a n d d i s c o u n t e d i n I n d i a a s a l s o

c h e q u e s , d e m a n d d r a f t s d r a w n i n f o r e i g n

cu rren cies a nd pa id by ban ks office in Ind ia.

Separate break-up is provided for bills purchased

and discounted.

In add i t ion to the co re re tu rn , some o f the

additional important i tems are reported. These

include: (a) net demand and time liabilities for

the purpose of Sec.42(1) of the RBI Act, 1934 =

Net Liabilities to the Banking System + Liabilities

to Others in India i.e., (I-III) + II, if (I-III) is a

plus figure or II only, if (I-III) is minus figure,

(b) Amount of minimum deposit required to be

kept with the RBI under the Act and (c) th e

liabilities under Savings Bank Account - further

clas sified s epara tely as t he d ema nd liabilities an dtime liabilities.

B e s i d e s t h e s e i t e m s , F o r m A c o n s i s t s o f

Memorandum, Annexure A, and Annexure B.

R e p o r t i n g o f t h e s e a d d i t i o n a l d a t a w a s

implemented with effect from 9 th October, 1998

as per the recommendation of Working Group

on Money Supply: Analytics and Methodology of

Compilation, 1998 .

VII. Mem or a n du m r ep or ts d a ta o n :

a . Pa id -u p ca pita l,

b. Reserves (free as well as statutory

reserves) as per the last balance sheet

and continue to report the same every

fortnight until the release of audited

balance sheet of the following year)

c. Tim e d ep os it s givin g th e t im e lia b ilit ie s

portion of the saving bank account (broken

into short term and long term)

d . Cer tifica tes of d ep os it s.e. Net Dem a n d an d Tim e Lia bilit ies

f. Am o u n t of d ep os it s r eq u i r ed t o b e

maintained as per current rate of CRR

g. An y o t h er lia b ili t y on w h ic h CRR is

required to be maintained under Section

42(2) and 42(1A) of the Reserve Bank of

India Act, 1934.

h . Tot al CRR r equ ir ed t o b e m a in t ain ed u n d er

Section 42(2) and 42(1A) of the Reserve

Bank of India Act, 1934.


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Annexure A to Form A gives de ta i ls on the

l i a b i l i t i e s a n d a s s e t s i n f o r e i g n c u r r e n c y

outstanding at book value and revaluation value

along with interest, as indicated below:

Lia bilities :

Liabilities to oth ers in Ind ia

I. Non -Res id en t Dep os it s

I.1 Non-Res iden t E xterna l Rupee Accoun t

(NRE)

I. 2 No n -Re s id e n t N on - Re p a t r ia b le R u p e e

Accou n t (NRNR)

I.3 Fore ign Cur rency Non-Res iden t Banks

Scheme [FCNR(B)] (I.3.1+I.3.2)

I.3 .1 S h or t-t er m

I. 3. 2 Lo n g- te rm

I.4 Oth ers

II. Ot h er D ep os it s/ S ch em es

II.1 E xchan ge E a rne r s Foreign Cu r rency

Accounts

II.2 Res ident Fore ign Currency Accounts

II.3 E S CRO W1 A c c o u n t s b y I n d i a n

Exporters

II.4 Foreign Credit Line for Pre-shipm ent

C r e d i t a c c o u n t a n d O v e r s e a s

Rediscounting of Bills

II.5 Cred it Ba lances in ACU (US do lla r )

Account

II.6 Oth er s

III. Fore ign Currency Liabi lit ies to the Bank ing

System in India

III.1 Inter-ba nk Foreign Curren cy Deposits

III.2 In t e r - b a n k F o r e ig n C u r r e n c y

Borrowings

IV. Overseas Borrowings inc lude tota l of

overdrawal in all NOSTRO2 accoun t s

and should not be ne t ted for c redi t

balance in other NOSTRO accounts. It

a l so inc ludes any o the r bo r rowings

from foreign market or Head Office (in

case of foreign banks).

As s ets :

V. As s et s wit h th e ba n k in g s ys tem in In d ia

V.1 Fore ign cu r rency lend ing

V.2 Oth ers

VI. Asse t s with o the rs in Ind ia

VI.1 B a n k C r e d i t i n I n d i a i n F o r e i gn

Currency

VI.2 Othe rs

VII. Overseas Foreign Curren cy Asse ts : These

include balances held abroad, i.e., (i) cash

c o m p o n e n t o f N o s t r o a c c o u n t , d e b i t

balances in ACU (US dollar) account and

credit balances in the commercial banks

of ACU cou n tr ies, (ii) sh ort term foreign

d e p o s i t s a n d i n v e s t m e n t s i n e l i g i b l e

s e c u r i t i e s , ( i i i ) f o r e i g n m o n e y m a r k e t

instruments including Treasury Bills and(iv) foreign shares and bonds.

Th e liabilities in foreign cur ren cies u n der various

schemes are re-valued at FEDAI indicative rates.

As regards interest, banks report accured interest

in respect of all liabilities.

VIII. External Liabili t ies to Others su bject to

differen tial / zero CRR pres cription

(I+II)

IX. Externa l Liabi lit ies fu l ly su bject to CRR

prescription (IV)

X. Net In t er -Ba n k Lia b ilit ies

(I-III of For m A)

XI. Any othe r liab ilit ie s coming with in the

purview of zero prescription

XII. Liabi lit ies sub ject to zero CRR

prescription (VIII+X+XI)

Annexure B to Form A reports the following at

their book value and also at their revaluation

value:

1 ESCROW accoun t: A tru st accou nt h eld in th e borrowers

name to pay obl igat ions such as taxes , insurance, e tc .

2 NOSTRO account: An account one bank holds with a

bank in a foreign country, usual ly in the currency of

that foreign country.


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I n v e s t m e n t i n A p p r o v e d S e c u r i t i e s i n c l u d e

inves tments in Government securi t ies broken

into short term (of contractual maturity of one

year or less) an d long term (contractu al ma tu rity

of more than a year).

Investments in non-approved securit ies include

comm ercial paper, u nits of UTI and other m u tu al

fun ds , sha re s and bonds / deben tu re s .

Banks are required to revalue their investment

in approved securit ies on quarterly basis . As

regards to the revalu ation of investments in non -

approved securit ies , the same is reported as and

when the banks revalue their investments as per

the current p rac t ice/ ins t ru c t ions .

2 . 1 .1 . 1 .4 . S ou rc e s an d S ys t em s

D a t a f r o m S c h e d u l e d c o m m e r c i a l b a n k s a r e

collected in Form-A from all the banks belonging

to different bank groups, viz., (a) State Bank of

India and its Associates, (b) Nationalised banks,

(c ) O the r Schedu led Commerc ia l Banks , ( e )

Foreign Banks and (f) Regional Rural Banks.

Da ta f rom Schedu led coope ra t ive banks a re

c o l l e c t e d i n F o r m - B f o r m a t f r o m a l l b a n k s

b e l o n g i n g t o t h e t w o c a t e g o r i e s , v i z . , ( a )

Scheduled State cooperatives and (b) Scheduled

Urban cooperatives.

Scheduled Commercial Banks (other than RRBs),

su bm i t th e Form A re tu rn th rou gh Onl ine

Return Filing System. Data for Regional Rural

Banks are received by the Rural Planning and

Credit Department (RPCD) of the RBI. Data with

respect to schedu led s tate cooperative ban ks a nd

scheduled urban cooperative banks are received

in Fina l Form B by RPCD an d Urba n Ban ks

Department (UBD) of RBI, respectively. These

data are merged with the other data pertaining

t o c o m m e r c i a l b a n k s a n d t h e c o n s o l i d a t e d

statem ents for all schedu led ban ks a re generated

by DESACS of RBI.

2.1.1.1.5. Ensuring Quality Standards

Before the finalisation of these data, the following

data checks are done:

(i) An e r r o r r e p or t fo r ea c h b a n k is

g e n e r a t e d f o r a p a r t i c u l a r f o r t n i g h t

wherein all the i tems in th e return ha ving

either more than 20% variation or more

t h a n R s . 5 c r o r e d i f f e r e n c e f r o m i t s

previous reporting fortnight level are listed

in th e case of RRBs a nd State Cooperative

Banks . This l i s t i s checked with hard

c o p y F o r m A r e t u r n s a n d e r r o r s i n

punching, if found are rectified.

(ii) In the case of comm ercia l banks , an error

report for each bank is generated for a

particular fortnight wherein all the items

in the re turn having e i ther more than

20% variation or more than Rs.50 crore

difference from i ts previous report ing

fortnight level are listed. If required, the

b a n k s c o n c e r n e d a r e c o n t a c t e d f o r

clarifications an d corrections are ma de.

(iii) These return s a re a lso du ly checked for

statis t ical consis tency by generating 3-

s igma / 5-s igma reports .

(iv) Fina l ly , the bank-group leve l aggregates

are checked with provisional data.

2 .1 .1 .2 . Annual Report s o f Schedu led

Commercial Banks

The present s tructure of reporting of data i tems

in an nu al reports of schedu led commercial bank si s a s p e r t h e r e c o m m e n d a t i o n o f G h o s h

Committee Report (1985) on annual accounts of

banks, effective from 1992-93. Basic items are

init ially classified into various blocks (called

sch edu les) an d da ta a re reported s tatu torily,

under Section 27 of Banking Regulation Act,

1949. Deta i led bank-wise da ta based on annual

r e p o r t s a r e p u b l is h e d i n S t a t i s t i c a l Ta b l e s

Relat ing to Ban ks in In dia. In dividu al defin ition s

of each i tem in the schedules of Balance Sheet

and Profit & Loss Account of commercial banks

are given in the Annex 2 .1 . Table-wise major

contents of this publication is presented in Annex

2 . 2 . D e fi n i t io n s / c o n c e p t s o f s o m e of t h e

im p o r t a n t r a t io s b a s e d o n a n n u a l r ep o r t

i n f o r m a t i o n p u b l i s h e d i n Sta t i s t i ca l T ab le s

Relatin g to Ban ks in India are as follows:

a ) (i) Cash in ca sh -depos i t r a t io inc ludes

cash in hand and ba lances wi th RBI.

(ii) Inve s tm en ts in investm ent-deposit ratio

represent total investments including

investments in non-approved securities.


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(iii) Ne t in te res t m argin is defined as the

total interest earned less total interest

pa id .

(iv) Interm ed iation cos t is defined as totaloperating expenses.

(v) Wage bills is defined as payments to

and provisions for employees.

(vi) Operating profi t i s d e f i n e d a s t o t a l

earnings less total expenses, excluding

provisions and contingencies; and

(vii) Bu rd en i s def ined as the to ta l non-

interest expenses less total non-interest

income.

b ) It em s l ik e ca p it a l, r es e r ve s , d e p os it s ,b o r r o w i n g s , a d v a n c e s , i n v e s t m e n t s a n d

ass ets / liabili t ies u sed to compu te various

fina nc ia l ea rn ings / expenses ra t ios a r e

averages for the two relevant years.

c) (i) Ca sh -d ep os it ra tio = (Ca sh in h a nd +

Balan ces with RBI) / Deposits.

(ii) R a t io of s e c u r e d a d va n c e s t o t o t a l

a d v a n c e s = ( A d v a n c e s s e c u r e d b y

tangible assets + Advances covered by

ban k or Govt. gu ara ntees) / Advances.

(i ii) Ratio of interest income to total assets=

Interes t earned / Tota l asse ts .

(iv) Rat io of ne t in teres t m argin to to ta l

a s se t s = ( In te re s t ea rned - In te re s t

paid) / Total ass ets .

(v) Rat io of non-in teres t income to to ta l

ass ets = Other income / Total ass ets .

(v i) Rat io of in term edia t ion cos t to to ta l

asse ts = Opera t ing expenses / Tota l

a s se t s .

(vii) Rat io of wage bil l to in term edia t ion

cos ts (Opera t ing Expenses) = Wage

bills / Operating Expens es.

(viii) Ratio of wage bill to total expen ses =

Wage bills / Total expenses .

(ix) Ratio of wage bil l to total incom e =

Wage bills/ Total income.

(x) R a t io of b u r d e n t o t ot a l a s s e t s =

(Operating expenses - Other income) /

Total assets.

(x i) Ra t io of bu rden to in te re s t income=

(Operating expenses - Other income) /

Interest income.

(xii) Ratio of operating profits to total ass ets= Operating profit / Total assets .

(x iii) Return on asse ts for a ban k group is

obtained as weighted average of return

of assets of individual banks in the

group, weights being the proportion of

total assets of the bank as percentage

to to ta l a s s e t s o f a l l banks in the

corresponding bank group.

(xiv) Return on Equity = Net Profit / (Capital

+ Reserves and Surplus).

(xv) Cos t of Depos its = In t eres t Pa id on

Deposits / Deposits .

(xvi) Cost of Borrowings = Interest Paid on

b o r r o w i n g f r o m R B I a n d o t h e r s /

Borrowings.

(xvii) Cost of Fu nd s = Total Interest Paid on

deposits and borrowings/ (Deposits +

Borrowings).

(xviii) Return on Advances = In teres t Earn edon Advances / Advances.

(xix) R et u r n o n I n ve s t m e n t s = In t e r e s t

Earned on Inves tments / Inves tments .

(xx) Return on Advan ces adju s ted to cos t

of funds = Return on advances Cost

of funds.

(xxi) Return on Inves tment adjus ted to Cos t

of Funds = Return on investments

Cost of funds.

2 . 1 .1 . 2 .1 . S ou rc e s an d S ys t em s

The balance sheet and profit and loss account

data tha t ar e pu blish ed in th e Statis t ical Tables

Relatin g to Ban ks in Ind ia are s our ced from t h e

Annual Reports of banks . Balance shee t and

p r o f i t & l o s s a c c o u n t i s b a s e d o n a u d i t e d

i n f o r m a t i o n a n d t h u s q u a l i t y o f d a t a i s

automatically ensured. Statutory t ime limit for

s u b m i s s i o n o f d a t a i s 3 m o n t h s f r o m t h e

reference date, i .e . , June 30.


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2 .1 .1 .2 .2 . Ensuring Qual ity S tandards

I n o r d e r t o e n s u r e q u a l i t y s t a n d a r d s , t h e

following steps are followed:

(i) Annu a l Repor t s a re ob ta ined from each

o f t h e S c h e d u l e d C o m m e r c i a l b a n k

including Regional Rural Banks.

(ii) Data entry of the required fie lds is done

an d r equired calcu lations for th e relevan t

tables a re m ade .

(iii) If any discrepancies a re observed, da ta

a r e a g a i n c h e c k e d f r o m t h e o r i g i n a l

source, i .e . , the annual reports of banks.

(iv) Cross Checking of var ious tables a re done

for consistency checks.

(v) Da ta a re aga in compared with those o f

th e previous years rep ort.

2 . 1 .2 . S tat is t ic s ba se d o n S pe c ial Re t urn s

2 .1 .2 .1 . Bas ic S tat i s ti cal Return (BSR)

Sys tem

The BSR system was introduced in December

1 9 7 2 f o l l o w i n g t h e r e c o m m e n d a t i o n o f t h e

Committee on Banking Statis t ics adapting from

t h e e r s t w h i l e d a t a r e p o r t i n g s y s t e m c a l l e dUniform Balance Book (UBB). The Uniform

Balance Book (UBB) system was designed to

provide a detailed and up-to-date picture of the

sectoral and regional flow of bank credit and

was introduced in December 1968 in the context

of the setting up of the National Credit Council.

It had twin objectives of ensuring a steady flow

of information while minimising the reporting

l o a d o n b r a n c h e s . T h e U B B p r o f o r m a w a s

required to be submitted by every bank office

every month and provided for the reporting ofaccount-wise informat ion in regard to c redi t

l i m i t s s a n c t i o n e d a n d a d v a n c e s o u t s t a n d i n g

a c c o r d i n g t o t h e t y p e o f a c c o u n t , t y p e o f

borrower, occupation, purpose, security and rate

o f i n t e r e s t c h a r g e d . T h i s w a s c o n s i d e r e d

s u f f i c i e n t l y c o m p r e h e n s i v e f o r p o l i c y a n d

information purposes. However, the response and

the accuracy of the da ta obta ined through the

UBB system had proved to be quite inadequate.

After few rounds of survey, it was noticed that

response from branches was very poor and also

the quality of reporting had not been satisfactory.

Besides these difficulties, the UBB had not gone

beyond experimental s tage.

Meanwhile wi th the na t ional isa t ion of major

Indian banks and the more definite shape givento the new policy of diversifying the pattern of

credit , the demand for information on various

aspects of credit deployment was mounting. A

more de te rmined e f fo r t a t sys tema t i s ing the

r e p o r t i n g o f b a n k i n g d a t a t o e n s u r e t h e

availability of fairly comprehensive information

with a minimum time lag had become necessary.

A c c o r d i n g l y , t h e R e s e r v e B a n k o f I n d i a

consti tuted a Committee on Ban king Statis t ics

in April 1972 under the chairmanship of Shri

A. Raman, Director, Credit Planning Cell, RBI,

having members f rom var ious departments of

RBI and commercial banks to look into various

aspects of s tatis t ical reporting of data by banks

and su gges t a ppropria te s teps .

The Committee submitted i ts report in August

1 9 7 2 . T h e o v e r a l l p a t t e r n o f t h e s t a t i s t i c a l

report ing sys tem envisaged by the commit tee

which, taken together, was designated as Basic

Statistical Returns (BSR) to provide a steady flow

of the required data was as follows:

1 . BS R 1 Retu rn on Ad vances half-yearly as on the last Friday of June and December

from all branches in two parts Part A

for accoun ts with l imits over Rs.10,000 an d

Part B for accounts with limits of Rs.10,000

and less .

2 . BS R 2 Retu rn on Depos its - half-yearly

as on the last Friday of June and December

from all branches.

3 . BS R 3 Retu rn on Ad van ces aga in s t th e

Security of Selected Sensitive Commodities

monthly as on last Friday of each month from Head Offices.

4 . B S R 4 Re tu rn on Ow n ers h ip of B a n k

Depos its once in two years as on the

last Friday of March from all branches

(replacing present annual survey from head

offices).

5 . B S R 5 Re tu rn on B a n k In ves tm en ts

annual as on the las t day of March

from Head Offices (on the lines of Survey

of Bank Investments).


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In addition to this , i t was recommended that

th e Su rvey of Debits t o Deposits, which was done

annually, to be done once in three years .

RBI agreed wi th the recommendat ions of theC o m m i t t e e a n d a c c o r d i n g l y i m p l e m e n t a t i o n

actions followed:

1 . A C om m it t e e o f D ir e ct io n on B a n k i n g

Sta tistics (CDBS) in RBI was con stitu ted

in to have ove ra l l cha rge o f the Bas ic

Statistical Returns, with officials of different

departments of RBI and of various banks

as i t s members .

2 . UBB re tu r n s w er e d is con t in u e d fr om t h e

month of July 1972.

3 . Th e BS R s ys t em w a s im p le m en t ed fr om

December 1972 with BSR 1, 2 and 3.

4 . Th e BS R 4 r et u r n wa s im p le m en t ed fr om

March 1976, which was collected from all

branches . Ownership c lass i f ica t ions were

also chan ged from March 1 976 su rvey. BSR

4 was collected on sample basis for 1978

and 1980 and on census bas is for 1982

survey. From 1984 i t was made biennia l

sample survey.

5 . BS R 5 r et u r n com m e n ced fr om Ma r ch 1 9 73 .

6 . Th e S u r ve y on D eb it t o D ep os it s a cc ou n t

which was conducted t i l l 1971-72 annually,

was next conducted in 1974-75 on census

bas is an d renamed a s BS R 6 from 1985-86

as biennial sample survey. The survey has

b e e n m a d e q u i n q u e n n i a l f r o m t h e y e a r

2000 .

7 . Th e BS R 7 retur n was origina lly intr oduced

in Augus t 1974 a s a month ly re tu rn tocapture branch-wise information on gross

bank credi t and aggregate depos i ts . The

periodicity of the return was changed to

quarter ly f rom the quar ter ended March

1984 .

8 . BS R-8 on portfolio management scheme of

banks, obtained on fortnightly basis , was

i n t r o d u c e d i n 1 9 9 2 . T h e r e t u r n w a s

d i s c o n t i n u e d i n 1 9 9 9 f o l l o w i n g

recommendation of CDBS.

2 . 1 . 2 .1 . 1 . Ba si c S t at is t ic a l Re t urn s 1 a nd 2

Basic Statistical Returns (BSR) 1 and 2 forms

t h e m a j o r p a r t o f t h e B S R s y s t e m .

Comprehensive data on deposits and credit ofschedu led commercial bank s a nd the information

o n n u m b e r o f e m p l o y e e s o f t h e b a n k s a r e

collected presen tly throu gh th e an nu al s tatis t ical

surveys, Basic Statistical Returns (BSR)-1 and

2, with 31st March as the reference date, and

a r e o b t a i n e d f r o m t h e o f f i c e s o f s c h e d u l e d

commercial banks in India including Regional

Rura l Banks .

The surveys used to be conducted half-yearly,

as on last Friday of June and December, from

1972 ti l l 1990. From the year 1990, the surveyshave been made annual wi th 31s t March as the

reference date. To provide guidance for filling in

o f BSR 1 and 2 re tu rns , the Rese rve Bank

brought out the firs t Handbook of Instructions

i n S e p t e m b e r 1 9 7 2 . C o n s e q u e n t u p o n t h e

improvements in the BSR system, the Handbook

was revised from time to t ime. Following the

developments in banking scenar io in the las t

couple of years and to have uniform coding

system for occupa tion/ activity class ification in

line with National Industrial Classification (NIC)1998 , wh ich i t s e l f i s ba sed on In te rna t iona l

Standard Industrial Classification (1SIC) 1990,

a few revisions were introduced with effect from

March 2002 survey. The latest edition, sixth in

the l ine , p rov ides these amendments in the

system. As suggested by the Government of India

to adopt a uniform classification system in order

to keep the data comparable, nationally as well

as internationally, the Reserve Bank of India had

appointed an Informal Group on Coding System

for Banking Statistics to look into the feasibility

and adoptability of NIC 1998 for BSR and similar

in fo rma t ion sys tems in the banks . T he new

activity coding system in BSR was based on the

recommendation of the Informal Group.

BSR-1 relates to gross bank credit and comprises

t e r m l o a n s , c a s h c r e d i t , o v e r d r a f t s , b i l l s

purchased and discounted, b i l l s re -discounted

under the New Bill Market Scheme and also dues

f r o m b a n k s , w h e r e a s , t h e b a n k c r e d i t d a t a ,

based on returns under Section 42(2) of the RBI

Act, 1934, is exclusive of dues from banks and


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bills re-discounted under the New Bill Market

Scheme. The BSR-1 return is divided into two

parts - Part A and Part B (termed as BSR-1A

and BSR-1B). The cutoff c redi t l imi t for an

account for inclusion in BSR-1A was kept as

R s . 1 0 , 0 0 0 / - in 1 9 7 2 a t t h e t im e o f i t s

introduction. In the year 1984 the cutoff l imit

was raised to Rs. 25,000 / - and the cu t-off credit

limit was raised to Rs.2 lakh for BSR-1A return

f o r s c h e d u l e d c o m m e r c i a l b a n k s o t h e r t h a n

Regional Rural Banks from March 1999 survey.

In the case of Regional Rural Banks, the cut off

limit for classifying accounts in BSR-1A has been

made as Rs . 2 lakh from March 2002 onwards .

In BSR-1A, information in respect of each of the

b o r r o w a l a c c o u n t i s c o l l e c t e d o n v a r i o u sc h a r a c t e r i s t i c s , s u c h a s p l a c e ( d i s t r i c t a n d

population group) of utilisation of credit, type of

a c c o u n t , t y p e o f o r g a n i s a t i o n , o c c u p a t i o n a l

ca tegory, na ture of borrowal account , ra te of

in teres t , c redi t l imi t and amount outs tanding.

In BSR-1B, information in respect of accounts

with individual c redi t l imi t upto Rs . 2 lakh

(termed as small borrowal account) is obtained

in conso l ida ted fo rm fo r b road occupa t iona l

categories . The BSR-1B Retu rn ha s two separa te

credit lim it size group s, i.e., u p t o Rs. 25,0 00 a n d o ve r R s . 2 5 , 0 0 0 t o R s . 2 l a k h . T h e

in fo rma t ion on sma l l bo r rowa l accoun t s a re

obtained in BSR-1B return from all scheduled

c o m m e r c i a l b a n k s ( i n c l u d i n g r e g i o n a l r u r a l

banks) .

In BSR-2, each bank office submits information

on depos i ts wi th the i r break-up in to current ,

s a v i n g s a n d t e r m d e p o s i t s . I n f o r m a t i o n o n

deposit accounts offe m ales is given separately.

I n f o r m a t i o n o f t e r m d e p o s i t s a c c o r d i n g t o

different maturity periods is also furnished int h i s r e t u r n . I n a d d i t i o n , B S R - 2 p r o v i d e s

informa tion on sta ff strength , classified a ccording

to gender and category (i.e. officers, clerical and

subordinates), in individual bank offices as on

t h e r e f e r e n c e d a t e o f t h e r e t u r n s . D e p o s i t s

exclude in ter-bank depos i ts . Current depos i ts

comprise (i) deposits subject to withdrawal on

demand (o the r than s av ings depos i t s ) o r on

notice of less than 14 days, or term deposits

with a maturity period of less than 7 days (ii)

ca l l depos i ts wi thdrawable not la te r than 14

days; (iii) unclaimed deposits; (iv) overdue fixed

deposits; (v) credit balance in cash credit and

o v e r d r a f t a c c o u n t s a n d ( v i ) c o n t i n g e n c y

unadjusted account if in the nature of deposits .

Savings deposits are deposits accepted by banks

under the i r savings bank depos i t ru les . Term

deposits are deposits with a fixed maturity of

not less than 7 days and above or subject to

notice of not less than 14 days. These would

also include (a) deposits payable after 14 days

notice; (b) cash certificates; (c) cumulative or

recurring deposits; (d) Kuri & Chit deposits and

( e ) s p e c i a l d e p o s i t s i n t h e n a t u r e o f t e r m

deposits. Conceptually, the deposits data in BSR-

2 and the aggregate deposits in Section 42(2)

re tu rn a re the s ame . However , the depos i t sexclude the proceeds of Resurgent India Bonds

(RIBs) as well as India Millennium Deposits

( IMDs) . In BSR-2 , bank b ranches a l so g ive

classification of term deposits according to broad

interest rate ranges as well as size of deposits.

The data on residual maturity of term deposits ,

introduced in March 2003, are collected through

Part-V of this return in respect of computerised

bran ches of schedu led commercial ban ks, except

regional rural banks.

2 . 1 . 2 .1 . 1 . 1 . Di s se m i n at i on o f d at a

The dissemination of information of BSR 1 & 2

d a t a i s d o n e t h r o u g h v a r i o u s p u b l i c a t i o n s

brought out by the Bank. The main publications

ar e th e variou s Volum es of Ban king Sta tistics

Basic Statis t ical Retu rns , which was rena med

a s B a s i c S t a t i s t i c a l R e t u r n s o f S c h e d u l ed

Comm ercia l Ban k in Ind ia from Volu me 29,

March 2000. This publication is also available

on RBI website www.rbi.org.in from the year

1996. The annual publ ica t ion is a lso brought

o u t i n t h e f o r m o f a C D - R O M s i n c e 2 0 0 2

presenting the data in the form of excel tables.

A sp ecial pu blication on CD-ROM titled Ban kin g

Sta t i s t i c s : Bas ic S ta t i s t i ca l Re tu rns 1 & 2 ,

Volu me 1 to 31: 1972 t o 2002 was brou ght out,

which presents the th ree decades da ta, pu blished

in various volumes, at one place, in PDF format.

This pu blication is also a vailable on RBI website.

The publication presents dis tribution of credit

and deposits of scheduled commercial banks in

India on var ious charac ter is t ics / param eters .


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The data on credit and deposits are published

on aggregate basis on various characteris t ics .

1 . B a n k gr ou p - wis e S B I & it s a s s oc ia t e s ,

N a t i o n a l i s e d B a n k s , F o r e i g n B a n k s ,Reg iona l Rura l Banks , O the r Schedu led

Commercial Banks (Private Sector Banks)

Nationalised banks, which include IDBI

Ltd. from 2005.

2 . S p a t ia l D is t r ib u t io n Re gio n , St a t e &

District

Data on Credit are presented as per

place of sanction and also as per place

of utilisation. The details are given in

BSR Volumes.

T h e B S R - 1 A r e t u r n p r o v i d e s t h e

i d e n t i f i c a t i o n o f t h e d i s t r i c t a n d

population group of the place where

the credit is utilised. However, in BSR-

1B re tu rn , such in fo rma t ion i s no t

collected. It is presumed that in respect

of these accounts, the credit is utilised

a t t h e s a m e p l a c e w h e r e i t i s

sanct ioned.

3 . P op u la t ion g r ou p Ru r a l, S em i- Ur b a n ,

Urban, Metropolitan.

Data on Credit are presented as per

place of sanction and also as per place

of utilisation.

4 . C re dit d a ta a r e p r es en t ed on va r iou s

pa rame te rs

Occupation Available for BSR 1A &

BSR 1B. Cred i t da ta a re p re sen ted

a c c o r d i n g t o o c c u p a t i o n o f t h eborrower.

Data are aggregated on sec tors

and sub-sec tors .

Size of credit limit Includes in both

BSR 1A & BSR 1B.

Interest rate range Based on BSR-

1A da ta on ly, referred a s Loan s a nd

Advan ces, which exclud es Bills.

Types of account Data are based on

BSR-1A only. Data of loans against

Credit Cards are included in Demand

Loans. Inland bil ls include both trade

and other bil ls .

O r g a n i s a t i o n O r g a n i s a t i o n a lcategories of borrowing account holder

is based on BSR-1A only.

Data on Sma l l Sca le Indus t r i e s a re

based on both BSR 1A and BSR 1B

returns. This include

Ar t i s a n s a n d Vi ll a g e & T in y

In du str ies compr is ing Artisan s/

C r a f t s m a n , Vi ll a g e / C o t t a g e

Industries and Tiny Industries

Other small scale industries .

5 . D is t rib u t ion o f d ep os it s d a ta a r e p r es en t o n

various characteris t ics

Type of Deposits Current, Savings,

Term.

Broad ownership pa t te rn Data a re

pu blish ed a gains t individu als (Male an d

Female) and Others (exc ludes in ter-

banks) .

Original period of maturity.

P e r c e n t a g e d i s t r i b u t i o n o f r e s i d u a l

period of maturity.

Percentage dis tribution of interest rate

range .

P e r c e n t a g e d i s t r i b u t i o n o f s i z e o f

deposits .

6 . E m p loym e n t in b a n k s Tot a l a n d Fe m a le

(Officers, Clerks, Sub-ordinates).

T h e u t i l i t y o f B S R d a t a i s i m m e n s e a n d

multifarious. The information is not only usedwithin RBI for the purpose of policy formulations

bu t a l so used fo r answer ing va r ious que r ie s

raised by members of the parliament. The data

i s s u p p l i e d t o v a r i o u s C e n t r a l g o v e r n m e n t

m i n i s t r i e s a n d d e p a r t m e n t s s u c h a s C e n t r a l

Statis t ical Organisation. State governments also

require the data for monitoring the progress and

economic development of their s tates and s tate-

l e v e l p u b l i c a t i o n s . T h e d a t a i s a l s o u s e d

extensively by individuals and insti tutions for

research purposes .


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2 . 1 .2 . 1 .1 . 2 . Co n ce pt s , De fi ni ti on s a n d

Classif ications

BS R-1: BSR-1 return relates to ba nk credit . Each

bran ch/ office of a ba nk is requ ired to su bm itthis return to the Reserve Bank of India as on

31st March every year. In case 31st March is a

hol iday, the f igures re la tes to the immedia te

preceding working day.

The bank credit reported in this return comprises

the following items:

(a ) loans , ca sh cred it s and ove rdra ft s ,

(b ) in la n d b ills p u r c h a s ed a n d d is cou n t e d ,

(c ) fo re ign b i lls pu rchased and d i s coun ted .

The above i tems reported in BSR-1 take account

of

(a ) Dues from banks which rep resen t loans and

a d v a n c e s g r a n t e d t o b a n k s ( i n c l u d i n g

participations without risk sharing),

(b ) B ills r e d is c ou n t e d wit h t h e fin a n c ia l

ins t i tu t ions ,

(c ) Advances ex tended th rough Cred it Ca rds ,

(d) Bad debts (not writ ten off) and protes ted

bills,

(e ) In te r -bank pa r t ic ipa t ion with r isk sha r ing.

However, Money at call and short notice is not

included.

On comparison, the credit reported in BSR-1

retu rn comp rises (i) credit includin g du es from

ba n ks with in th e mean ing of fortn igh tly retu rn

under Section 42(2) of the Reserve Bank of India

Act, 1934 and (ii) bills rediscounted with the

financial institutions.

The BSR1 has two parts , Part A of the return

(BSR-1A) re la tes to accounts wi th individual

credit limits of over Rs.2,00,000. Particulars in

respect of each of these accounts are collected

separately. In BSR 1A, the particulars of the

accou nt, viz., na me of the party, accou nt nu mb er

given for identification by the lending bank office,

dis trict and population group code of the place

o f u t i l i s a t i o n o f c r e d i t , t y p e o f a c c o u n t ,

organisation, occupation, nature of the borrowal

account , asse t c lass i f ica t ion of the borrowal

account, rate of interest , credit limit an d a mou nt

outs tanding are recorded separa te ly for each

account with credit limit of over Rs.2,00,000.

In Part B of the BSR1 return (BSR-1B), account-

wise information is not collected. It calls for

consolidated inform ation on the occu pation-wise

totals of accounts with individual credit limits

of Rs .2 ,00,000 and less . The informat ion are

given separately for loans with individual credit

limit of Rs. 25,000 or less and above Rs. 25,000

to Rs. 2,00,000.

T h e c u t - o f f p o i n t o f R s . 2 , 0 0 , 0 0 0 f o r e a c h

individual account relates to the credit limit in

force as on the date of the return and not theamount outs tanding in the account . In case no

specific credit limit is sanctioned, the amount

outstanding i tself is to be treated as the credit

limit.

Reporting under BSR1 (Part A and Part B) is

done account-wise and not party-wise. The s ize

of the credit limit of each account is the factor

for dec iding whether i t i s to be individual ly

reported in BSR-1A or consolidated with other

accounts of the same occupational category in

BSR-1 B.

a . Uniform branch code: The uniform branch

code allotted by the DESACS of RBI to each

b r a n c h / o ffic e is u s e d fo r u n iq u e

identification of a branch. At present, the

branch code consists of two parts, viz., Part

I and Par t I I , and each par t cons is ts of

seven digits.

The attributes of an account, collected in

BSR-1A return are as under:

b . Place of Utilisation of Credit: The informa tion

on place of uti l isation of credit is being

collected under two heads viz., district and

population group.

(i) Dis trict: The district code indicates the

district where actual credit has been

or will be utilised by the borrower.

(i) Population Group: The code indicates

t h e p o p u l a t i o n g r o u p s t a t u s o f t h e

p l a c e o f u t i l i s a t i o n o f c r e d i t . T h e


14/63

31


relevant codes are given in Annex 2 .3

(List A). Information given in these

columns is important for ascertaining

t h e S t a t e a n d d i s t r ic t / p o p u l a t io n

group-wise flow of credit. The credit

ex tended by a b ra nch / o ffi ce is n o t

a l w a y s u s e d i n t h e s a m e d i s t r i c t /

population group and State in which

the branch office is located. In several

m a j or u r b a n a n d m e t r o p olit a n

branches , a good par t of the credi t

extended, i s u t i l i sed e lsewhere . For

example, if a company having Head

O f f i c e i n M u m b a i i s g r a n t e d a n

advance for utilisation for its factory

l o c a t e d i n P e n ( R a i g a d d i s t r i c t i n

Maharashtra), the appropriate dis trict

c o d e w i l l b e R a i g a d a n d a s t h e

population of Pen is between 10,000

a n d o n e l a k h , t h e a p p r o p r i a t e

popu la t ion g roup code 2 fo r s emi -

urban area is used for the account .

It may not always be possible to indicate

the d i s t r i c t and popu la t ion g roup where

certain advances are uti l ised, for instance,

a d v a n c e s g r a n t e d t o a G o v e r n m e n tCorporation (e.g. Food Corporation of India)

or statutory bodies (e.g. Electricity Boards)

o r a p r i v a t e l y o w n e d c o m p a n y , t h e

operations of which extend to more than

one dis trict , population group or s tate. In

such cases, the codes of the dis trict and

population group where the major portion

of the advances is utilised, is recorded. In

case it is difficult to identify those aspects,

the in fo rma t ion o f the p lace where the

branches are located, is used.

c. Type of Account: The code numbers allotted

to the various types of accounts are given

in Annex 2 .3 (List B). All accou n ts in th e

books of a br an ch/ office are classified u nd er

one type or the other ap propriately. In case,

a party is given borrowing facilities under

different types of accounts, each account is

separa te ly l i s ted . Such accounts a re not

combined. Pre-shipment finance under any

type of facility, viz., cash credit, overdraft

and demand loans are classified as Packing

Credit. Advances by way of rediscounting

of bills of other pa rty a re r eport ed a s Bills

d i s cou n ted with app ropr ia te occupa t ion

category.

d . Type of Organisation: T h e c o d e n u m b e r

relevant to the type of organisation of the

borrower is also recorded. Annex 2 .3 (List

C) conta ins t h e code nu m bers allotted to

different types of organisations. Organisation

code consists of two digits. The list itself

p r o v i d e s a b r i e f e x p l a n a t i o n f o r e a c h

c a t e g o r y o f o r g a n i s a t i o n . S o m e f u r t h e r

explanations are given below :

Government companies are defined under

Section 617 of the Indian Companies Act,

1956, as companies in which not less than

51 per cent of the paid-up capital is held

by the Central or a Sta te Governm ent either

singly or jointly.

S t a t u t o r y c o r p o r a t i o n s , o w n e d b y t h e

C e n t r a l G o v e r n m e n t o r b y a S t a t e

Government, as well as companies which

are subsidiaries of Government companies

a r e a l s o t o b e t r e a t e d a s G o v e r n m e n t

companies . If a company is owned by theCentral and State Government jointly on

5 0 : 5 0 b a s i s , i t i s t r e a t e d a s a S t a t e

Government undertaking for the purpose of

th is re turn . Loans sanct ioned to a Sta te

Government or its departments, e.g. for food

procurem ent operations, is coded as State

Governm en t (code 1 2).

H o w e v e r , a d v a n c e s t o C o - o p e r a t i v e

Marketing Federations for food procurement

operations as also for other purposes are

coded as Co-operatives (code 20). All typeso f c o - o p e r a t i v e i n s t i t u t i o n s a r e g i v e n

organisation code 20. The activities of the

co-operative insti tutions are not relevant.

Thus , organisa t ion code 20 inc ludes co-

operative marketing and other federations,

co-operative housing societies, co-operative

r e t a i l s t o r e s , e t c . E v e n w h e r e t h e c o -

o p e r a t i v e i n s t i t u t i o n i s s p o n s o r e d b y a

Government body, the correct organisation

code is 20 and not 14. The activity of the

co-operative (farming, processing, marketing,


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t r a d i n g , h o u s i n g , e t c . ) a r e g i v e n i n a

separa te column.

Public and Private Limited companies are

classified as Private Corporate Sector (code31 & 32) and other private sector entities

such as Partnerships, Propriety concerns,

J o in t fam i li es , Se l f-He lp Grou ps , NGOs

Associa t ions , Clubs , Trus ts and Groups ,

etc. , are taken as Private Sector - Others

( c o d e s 3 3 , 3 4 a n d 3 5 ) . N o n - p r o f i t

insti tutions serving business and privately

f u n d e d q u a s i - c o r p o r a t e i n s t i t u t i o n s a r e

classified as private corporate sector. Loans

granted to individuals, singly or jointly with

one or more persons are assigned the code

n u m b e r 4 1 ( I n d i v i d u a l s - M a l e ) o r 4 2

(Individuals - Female) depending on the

gend er of the s ole/ firs t a ccou nt holder.

e. Na tu re of borrow al accou nt: The na ture of

borrowal account is recorded against each

ind ividual accoun t. Codes r elating to na tu re

of borrowal account are given in Annex 2 .3

(List D). Tiny industries are classified with

vi l lage and cot tage indus tr ies . For loans

given to industry, the nature of borrowal

account can be 1 or 2 or 3 and for all other

loans i t is 3.

f. As s e t Cla s s if ica tion of borrow a l a ccou n t:

Information on asset classification of each

account with credit limit of over Rs.2,00,000

is reported as per asset classification code

assigned to a borrowal account for reporting

to DBOD/ DBS of th e Reserve Ban k of Ind ia.

The relevant codes are given in Annex 2 .3

(List E). The a ccou n ts ar e clas sified a s

Sta n da rd , Su b-s ta n da rd , Dou btfu l or

Loss Ass ets. Th e ch an ges in guidelines as

prescribed from time to time by the ReserveBank of India, is taken into account while

r e p o r t i n g u n d e r t h i s c o l u m n . T h e

i n f o r m a t i o n o n a s s e t c l a s s i f i c a t i o n i s

captured for internal consis tency and this

data is not disseminated.

g. Act iv ity / Occu pa tion : Information given in

this column brings out the sector-wise flow

of credit. Annex 2 .3 (List F) su m m ar ises 5

digit code numbers for different types of

occupat ion or ac t iv i t ies . The de ta i ls a re

presented in Annex 2 .4 . The code number

appropriate to the occupation or activity of

the borrower for each account is indicated

in this column. If the borrower is engaged

in more than one type of activity and if

separa te limits / su b-limits are san ctioned by

the bank for different activities, the credit

l im i t a n d o u t s t a n d i n g a m o u n t a r e

segregated for each activity and reported

s e p a r a t e l y . F o r e x a m p l e , i f a c o m p a n y

e n g a g e d i n t h e m a n u f a c t u r e o f c o t t o n

tex t i l e s and chemica l s i s g ran ted c red i t

l imits by the bank, the credit l imits and

amou nt outs tan ding are reported separa te ly

for the two units, if separate credit limits

are sanctioned. If, however, separate limits

are not sanctioned, the major activity of theb o r r o w e r i s t a k e n a s t h e b a s i s f o r

classification. In a majority of cases, the

occupation code can be determined on the

b a s i s o f t h e a c t i v i t y o f t h e b o r r o w e r .

However, in the case of consumption and

personal loans such as housing loans, loans

for education, etc., activity of the borrower

may not by itself determine the occupation

code. For Example, in the case of personal

loans (codes 94003, 94004, 94006, 94007,

94008 and 94009) , hous ing loans (codes94001 and 94002), loans for education (code

94005), etc. It is, however, not proper to

determine the occupation code on the basis

of the activity of the borrower. In such

c a s e s , p u r p o s e f o r w h i c h t h e c r e d i t i s

extended (whether for education, housing

o r c o n s u m p t i o n ) i s t h e g u i d e l i n e f o r

determining the correct occupation code.

h . Rate of Inte res t:

Th e r a t e o f in t e r e s t (p e r c e n t p e r a n n u m )

char ged to an accoun t is reported, up to twodecimals, and is exclusive of interest tax.

i) Where s lab ra te s of in te res t a re cha rged

on advances, the rate corresponding to

the largest portion of the advances should

be recorded. If two rates are ch arged, the

rate applicable to the major portion of

amount outs tanding should be reported .

ii) In the case of In land an d Fore ign Bills

P u r c h a s e d / D is c ou n t e d , t h e r a t e of

interest column is not filled in.


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i. Credit Limit: The sanct ioned credi t l imi t in

force as on the date of the return is treated

a s t h e c r e d i t l im i t . An y a d d i t i on a l li m i t s

granted temporarily for short periods at the

d is c r e t io n o f a g en t s / m a n a g er s a n d o t h e r

compe ten t a u thor i t ie s a re inc luded i f they

a re in fo rce a t the t ime o f repor t ing . T he

dr awin g limit which is lin ked to th e value of

s t o c k s h y p o t h e c a t e d o r p l e d g e d a n d t h e

ma rgin prescribed is ta ken as credit l imit .

In recording credit limits in r espect of term

loan s, i t s hows only the operative limit , i.e .

t h e l im i t s a n c t io n e d m in u s t h e p r i n c ip a l

am oun t repaid. For example, a compan y ha s

been sa nct ioned a te rm-loan of Rs .25 lakh ,for installation of some plant, which is to be

repaid in t en equ al ha lf-yearly ins tallmen ts .

Suppose, the company has repaid Rs.5 lakh

(i.e., 2 h alf-yearly inst almen ts of Rs.2.5 lakh

each). Hence , und e r th i s co lu mn , on ly the

operative credit-limit, i.e., Rs.20 lakh will be

sh own an d n ot Rs .25 lakh. I f the opera t ive

limit of an accoun t is redu ced to Rs.2,00 ,000

or less, it will be reported in a consolidated

manner in BSR-1B.

In the case of other loans, which have notbeen fully drawn, the sanctioned l imit is

indicated. The credit limit is not adjusted

for the unpaid or overdue instalments . If a

borrower is sanctioned a composite credit

l imit against more than one account, the

l i m i t i s s p l i t u p i n p r o p o r t i o n t o t h e

ou t s t and ing amounts and shown aga ins t

the respective accounts. Where no specific

c r e d i t l i m i t i s s a n c t i o n e d , t h e a m o u n t

outstanding is treated as the credit l imit .

j. Am ou n t Ou ts tan d in g: T h e a c t u a l a m o u n t

outstanding (debit) in each account as at

the close of business on the reporting date,

rounded off to the neares t thousands of

rupees is reported. If the account is having

a credi t ba lance , the amount outs tanding

reported is Nil. The actual amount of credit

balance is not reported.

The information on accounts aggregated on

different characteristics, collected in BSR-

1B re turn is as under:

In BSR-1B return, information in respect

of accoun ts with credit limits of Rs.2,00,00 0

and less is collected in a consolidated form.

These accounts are further classified into

two cred it limit size-group s viz., Rs.2 5,0 00

an d less an d Over Rs .25,000 a nd u pto

Rs. 2 lakh . Accou nts are grouped a ccording

to the occupational categories specified in

the format. The number of accounts , credit

l imits and amount outs tanding are totaled

up for each of these occupational categories

and given separately for the two credit limit

size-groups. Each occupation in BSR-1B is

referred as a i tem code . The i tem code

n u m b e r s i n t h e f o r m a t o f B S R - 1 B f o r

classifying various occupational categorieshave been allotted 2-digit codes. A table

g i v e n i n t h e H a n d b o o k * p r o v i d e s t h e

re la t ionship be tween BSR-1A occupat ion

codes (5-digit) and for BSR-1B item codes.

Asset classification of borrowal accounts

reported in BSR-1B are consolidated for all

occupation categories and recorded against

i tem codes 81 to 84, separately for each

size-group, viz., Rs. 25 ,000 an d less an d

Over Rs.25,0 00 a nd u pto Rs.2 lakh . Th e

i n f o r m a t i o n o n a s s e t c l a s s i f i c a t i o n i scaptured for internal consis tency and this

data is not disseminated.

In fo rma t ion on Gende r c la s s i f i ca t ion in

respect of borrowal accounts of Individuals

reported in BSR-1B are consolidated against

i tem codes 86 and 87, separately for each

s i z e - g r o u p . T h e i n f o r m a t i o n o n g e n d e r

classification is not reported uniformly by

a l l t h e b r a n c h e s a n d a s s u c h o n l y t h e

percentage dis tribution is disseminated.

Basic Statistical Return (BSR) 2 Type of

Deposit Accounts

This retu rn relates to d eposits . Bran ches/ Offices

of all Scheduled Commercial Banks in India

furnish informat ion on number of employees ,

number o f accoun t s and amount ou t s t and ing

according to type of deposits and classification

of term deposits according to maturity, broad

interest rate ranges and s ize of deposits as on

* H a n d b oo k of In s t r u c tio n s on BS R 1 & 2 M ar c h , 2 0 0 2 .


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31st March every year. All Administrative Offices,

R e g i o n a l a n d Z o n a l O f f i c e s a n d B r a n c h e s /

Offices without any deposits such as Training

Colleges, Lead Bank Offices, Service Branches,

etc. furnish employment details in this return,

even though they do not have deposits .

a . Em ploy m ent d etails

All permanent and temporary full-time staff on

the rolls of the br an ch/ office as on th e date of

the retu rn are includ ed. This relates to the actu al

s t rength of the branch and not the sanct ioned

s trength . Par t - t ime and casual employees are

excluded. The category wise s taff posit ion is

collected in the block on employment details .

Category-wise number of female employees isalso reported against i tem code 101.

b . Part - l: Classification of Deposits

according to Type

Through this part of the return information from

each office is obtained on the deposits classified

according to their type, viz., current, savings and

term depos i ts . The addi t ional informat ion on

gender of account holder is also collected in this

part of the return. The information on different

types of deposits is collected under two broadownership categories, i.e. 1) Individuals and 2)

Others . Individuals inc lude Hindu Undivided

Families . The data on categories such as Non-

r e s i d e n t i n d i v i d u a l s , F a r m e r s , B u s i n e s s m e n ,

T r a d e r s , P r o f e s s i o n a l s a n d S e l f - e m p l o y e d

p e r s o n s , W a g e a n d s a l a r y e a r n e r s , e t c . a r e

reported under this category. In case of joint

accounts under individual, the gender of the first

a c c o u n t h o l d e r i s t h e d e c i d i n g f a c t o r f o r

classifyin g th e accou n t u n der Fema le category.

The inter-bank deposits are excluded from total

deposits . Three types of deposit accounts are

defined as follows:

(1) The scope of depos i ts reported in th is par t of

the re turn is sa me a s depos its reported in th e

fo r tn igh t ly retu rn su bm it t ed u nd e r s ec t ion

42(2) of th e Reserve Ban k of Ind ia Act, 19 34.

In t e r e s t a c c r u e d a n d p a y a b l e on d e p o s i t s

sh ou ld be t rea t ed as Oth er l iab i li t ies an d

sh ould not be inclu ded in BSR-2.

(2 ) S a vin g s d ep o s it s h a l l m e a n a fo rm o f

demand deposit which is a deposit account

whether designated as Savings Account,

Savings Bank Account, Savings Deposit

Accoun t o r o the r accoun t by wha teve r

n a m e c a l l e d w h i c h i s s u b j e c t t o t h e

restrictions as to the number of withdrawals

a s a l s o t h e a m o u n t s o f w i t h d r a w a l s

permitted by the bank under their savings

account rules during any specified period

an d wou ld include special sa vings deposits .

(3) Term depos i t sha ll mean a depos it received

by the bank for a fixed period and which is

withdrawable only after the expiry of the

sa id f ixed pe r iod . A t p re sen t , the t e rm

deposits are deposits with a fixed maturity

of not less than a specified period (which

is amended from time to time) or subject

to notice of not less than a specified period

(which is amended from time to time). They

would also include (a) deposits including

inter-bank deposits payable after 14 days

notice, (b) cash certificates, (c) cumulative,

recurring, ann u ity or reinvestmen t deposits ,

(d) Kuri* and chit deposits, (e) certificates

of deposits, (f) non-resident deposits in the

nature of term deposits , and (g) any other

s p e c i a l d e p o s i t s i n t h e n a t u r e o f t e r m

deposits . Interest accrued and payable ont h e s e d e p o s it s a r e t r e a t e d a s O t h e r

liab ilities an d th erefore n ot includ ed in t h is

par t of return .

(4 ) C u r r en t Ac co u n t s h a l l m e a n a fo rm o f

demand deposit wherefrom withdrawals are

a l lowed any number of t imes depending

upon the ba lance in the account or upto a

par t icular agreed amount and sha l l a lso be

deemed to include other deposit accounts

which are neither Savings Deposit nor Term

Deposit ; At present the Current accounts

comprise (a) deposits subject to withdrawal

on demand (other than savings deposits) or

w i t h a m a t u r i t y p e r i o d o f l e s s t h a n a

specified period (which is amended from

time to time), or on notice of less than a

specified period (which is amended from

* Kur i or ch it means a t ransac tion by which foreman en te rs

into an agreement with number of subscribers . Every

subscriber shal l subscribe a certa in sum of money for

ce r t a in pe r iod . Each subsc r ibe r in h i s tu rn sha l l be

ent i t led to a prized amount .


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35


time to time), (b) call deposits withdrawable

not later than a specified period (which is

amended from time to time), (c) unclaimed

deposits, (d) overdue fixed deposits, (e) credit

b a l a n c e i n c a s h c r e d i t a n d o v e r d r a f t

accounts and (f) cont ingency unadjus ted

accounts i f in the na ture of depos i ts . I t

mus t be noted tha t depos i ts f rom banks ,

UTI, LIC, etc., at call or short notice not

exceeding 14 days are treated as borrowings

and are not inc luded in th is re turn .

(5) Staff security depos i ts , margin depos its and

s ta f f p rov iden t fund depos i t s shou ld be

classified under current or fixed deposits

depend ing upon payment o f in te re s t onsuch depos i ts .

c. Part - ll: Classification of Term Deposits

according to Maturity

I n f o r m a t i o n o n o u t s t a n d i n g a m o u n t o f t e r m

deposits as on the date of the return, classified

according to the original period of maturity for

which deposits have been placed with the branch

by depositors is collected in this part.

d . Part - lll : Classification of Term Deposits

according to Interest Rate Range

In Part III, outs ta nding am oun ts of term deposits

are classified according to interest rate for which

deposits have been placed with the branch by

depositors and outstanding as on the reference

period. These deposits are grouped under the

different interest rate ranges.

e. Part - lV: Classification of Term Deposits

according to Size

In Part IV, outs ta nding am oun ts of term depositsare classified according to size of deposits which

have been placed with the branch by depositors

and ou t s t and ing a s on the re fe rence pe r iod .

These deposits are grouped under the different

s izes as per original deposit amount.

f. Part - V: Classification of Term Deposits

according to Residual Maturity (Excluding

RRBs )

I n f o r m a t i o n o n o u t s t a n d i n g a m o u n t o f t e r m

deposits as on the date of the return, classified

according to the residual period of maturity is

collected in this part.

2 . 1 .2 . 1 .1 . 3 . S ou rc e s an d S ys t em s

The data on BSR 1 & 2 returns, as survey is

done on a census basis , are collected from each

bran ch/ office of the schedu led commercial banks

in India. The Banking Statistics Division of the

Departmen t of Statis t ical Ana lysis an d Comp u ter

Services , Reserve Bank of India, is the nodal

o f f i c e f o r c o l l e c t i o n , c o m p i l a t i o n a n d

disseminat ion of BSR 1and 2 da ta . Data a re

submitted in soft form by most of the banks,

except some regional rural banks. Some banks,

specially a few public sector banks and a fewnew priva te sec tor banks , have implemented

integrated software for their MIS, through which

the BSR 1&2 data are generated directly. The

data are received from banks in the following

mode: Paper Return (mos t ly from regional rura l

ban ks), Floppies / CDs and Em ai ls . With more

and more banks computer is ing the i r branches

and implementing the integrated software and

increasing use of Internet, the data are being

received through email.

2 . 1 .2 . 1 .2 Bas ic S t at is t ic al Re t urn 4 :

Survey of Ownership of Deposits

The Basic Statistical Return (BSR)-4: Survey of

Ownership of Deposits of Scheduled Commercial

Banks a s on March 31 , i s an annua l re tu rn ,

under the BSR system obtained from a sample

of branches, selected scientifically for the year

under reference. The BSR-4 intends to capture

composition and ownership pattern of deposits ,

with the objective of building up estimates on

t h e c o m p o s i t i o n a n d o w n e r s h i p p a t t e r n o f

deposits at different levels of aggregation. Till

1 9 7 2 , t h e a n n u a l S u r v e y o f O w n e r s h i p o f

Deposits was conducted to get data from Head

Offices of banks. It was replaced by BSR 4 return

from March 1976, which was received from all

branches. Ownership classifications were also

changed from March 1976 survey. BSR 4 was

collected on sample basis for 1978 and 1980

and on census bas is for 1982. From 1984, i t

was made biennial sample survey. The survey

has been made annual f rom 1990.


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2 . 1 . 2 .1 . 2 . 1 Me a su re m e n t n e e ds o f t h e are a

The estimates arrived at through this survey are

a n i m p o r t a n t s o u r c e o f i n f o r m a t i o n o n t h e

c h a n g e s i n p r o f i l e a n d s t r u c t u r a l s h i f t s i ncomposition and ownership pattern of deposits

with Scheduled Commercial Banks (SCBs). They

a r e u t i l i z e d i n t h e c o m p i l a t i o n o f N a t i o n a l

Accounts Statistics (NAS), the Flow of Funds

A c c o u n t s o f t h e I n d i a n E c o n o m y , F i n a n c i a l

saving of the Household sector, etc. Major users

o f t h e s u r v e y r e s u l t s a r e t h e C S O , R B I ,

commercia l banks and others , e.g . , researchers

and others .

An ar t ic le present ing sa l ient fea tures of the

r e s u l t s o f t h e B S R - 4 s u r v e y i s p u b l i s h e d

annua l ly in the RBI Bu l le t in . Va r ious o the r

pub l i ca t ions a l so p re sen t da ta based on the

results of the BSR-4 survey.

2 . 1 .2 . 1 .2 . 2 . Co n ce pt s , De fi ni ti on a n d

Classif ications

Sa mp ling Design Used for the March 200 5 s urvey:

A s t r a t i f i e d s a m p l i n g d e s i g n w a s u s e d f o r

selection of branches of banks for this survey.

B a s e d o n S t a t e / U n i on Te r r it o r y, p o p u la t i ongroup o f the cen t re where bank b ranch was

loca ted , and bank group, a l l branches of the

s c h e d u l e d c o m m e r c i a l b a n k s ( S C B s ) i n t h e

country were classified into 379 basic strata. The

population groups are (i) rural; (ii) semi-urban;

(i i i) urban; and the metropolitan group, further

sub-divided in to two groups ( iv) four major

m e t r o p o l i t a n c e n t e r s ( v i z . , M u m b a i , D e l h i ,

C h e n n a i a n d K o l k a t a ) a n d ( v ) t h e o t h e r

metropolitan centers. Five bank groups, viz., (i)

S ta te Bank o f Ind ia and i t s Assoc ia te s ; ( i i )Nationalised Banks; (iii) Regional Rural Banks;

(iv) Other Indian Scheduled Commercial Banks

and (v) Foreign Banks, were considered for the

p u r p o s e . If b r a n c h e s i n a b a s i c s t r a t u m

numbered 7 or less , al l branches were selected

with certainty in such s trata. As an exception,

all 9 br an ches operating in Laks ha dweep Is lan ds

were included in the sample to provide adequate

representa t ion to th is union te rr i tory . In the

remaining basic s trata, each s tratum was further

s t ra t i f i ed in to 2 o r 3 sub-s t ra ta t ak ing in to

a c c o u n t t h e r a n g e i n t o t a l d e p o s i t s o f t h e

branches in the s t ra ta and number of depos i t

accoun t s . For th i s pu rpose , th re sho ld va lues

were determined for each basic-s tratum taking

into account above two characteris t ics .

In such basic strata, Size Class Strata (SCS) were

formed as per descending order of deposits. The

branches having aggregate deposits greater than

threshold value-I were included under SCS-I. The

S C S - I I c o v e r e d b r a n c h e s h a v i n g a g g r e g a t e

deposits between thresh old value-I an d th reshold

va lue - I I and the SCS-I I I inc luded a l l those

branches having aggregate deposits up to the

threshold-value-II. Thus, 912 Size Class Strata

(ultimate strata) were formed.

The branches under SCS-I were included in the

sample with certainty. In SCS-II and SCS-III of

e a c h b a s i c s t r a t u m , s a m p l e b r a n c h e s w e r e

selected by circular systematic sampling after

a r r a n g i n g t h e b r a n c h e s w i t h i n t h e S C S i n

descending order of the i r aggregate depos i ts ,

subject to selecting a minimum of 2 branches

from each SCS. The sample s ize in the case of

SCS-II varied from about 20 to 50 per cent of

branches (depending upon the total size of SCS).

If the number of units (branches) exceeded 200,

15 per cent of branches were drawn as sampling

units . In the case of SCS-III, 10 per cent sample

was selected.

Based on the above procedure, 9,933 branches

were selected for the survey for March 2005. In

a l l , 2 ,292 bank branches were se lec ted wi th

cer ta in ty . Out of the remaining 63,778 bank

branches , 7 ,641 branches were se lec ted us ing

above sampling design from sub-strata SCS II

and SCS III.

The deposits are classified into Current deposits,

Savings deposits and Term deposits-Certificates

of Deposits (CDs) and Other Term Deposits, while

the major economic sectors according to which

ownership is to be classified are Government

sector, Private corporate sector, Financial sector,

Household sector and Foreign sector. Detailed

d e f i n i t i o n s , a s p r o v i d e d i n t h e G u i d e l i n e s

attached with th e BSR-4 return , March 2 005 ar e:


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Current deposits comprise: (a) deposits subject

to withdrawal on demand (other than savings

deposits) or with a maturity period of less than

15 days (7 days in case of Rs. 15 lakh & above),

(b) call deposits withdrawable not later than 14

days; (c) unclaimed deposits; (d) overdue term

deposits; (e) credit balance in cash credit and

o v e r d r a f t a c c o u n t s a n d ( f ) c o n t i n g e n c y

u na djusted accounts , if in the n atu re of deposits .

The inter-bank deposits at call or short notice

not exceeding 14 days are treated as inter-bank

bor rowings and no t inc luded in th i s re tu rn .

However, inter-bank deposits in current account

a re inc luded . Sav ings depos i t s a re depos i t s

accepted by banks under the i r savings banks

deposits rules and include deposits under SpecialSavings Schemes . Term depos i ts a re depos i ts

with a fixed maturity of not less than 15 days

(7 days in the case of Rs. 15 lakh & above), or

subject to notice of not less than 15 days (7

days in the case of Rs. 15 lakh & above). They

also include (a) deposits including inter-bank

deposits payable after 14 days notice, (b) cash

certificates, (c) cumulative or recurring deposits,

(d) kuri and chit deposits and (e) special deposits

a n d c e r t i f i c a t e s o f d e p o s i t s ( C D s ) . I n t e r e s t

accrued but not paid on these deposits is treated

as other liabilities and therefore not included in

th is retu rn . Certificates of Deposits (CDs) figu res

are s eparately un der term deposits . Any deposits

trea ted a s other dem an d a nd time liab ilities for

the pu rpose of fortnigh

banking statistics

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