Tamil Nadu Economy — Economics STD 11 — Question

In Tamil Nadu, Nationalised banks account for 52% with 5,337 branches, private commercial banks 30% (3060) branches, state bank of India and its associates 13% (1,364) RRBs 5% (537) branches and the remaining 22 foreign bank branches.Deposits of the banks:

1. Total deposits of the banks in Tamil Nadu increased by 14.32% by March 2017 and touched Rs. 6,65,068.59 crores.
2. Total credits of the banks increased by 13.50% by March 2017 and touched Rs. 6,95,500.31 crores.

Advances of the banks:

1. The share of priority sector advances stands at 45.54% as against the national average of 40%
2. Primary sector advances stand at 45.54%
3. Agricultural advances stands at 19.81% on March 2017.
4. Banks in Tamil Nadu has the highest credit deposit ratio of 119.15% in the country.