Ad Here  
July
August
September
October
November
December
 
 
Why any time money? Cut in repo rate – lower than expected Anytime banking to anywhere banking Too big to fail and too small to sail Capital base of regional rural banks raised LVB- A supermarket of financial services What is the priority – mergers or NPA reduction? Who is the real beneficiary? A new development bank rising in the east… Fund healthcare clinics in villages... Ferrying digital banking to Lakshadweep Growing volume of stressed assets… It’s a war on black money, support it. A bank for women, by women Smart banking in smart cities Reaching the Unreached… Emerging crisis Well-lived... Insatiable appetite for credit Financial inclusion vs unclaimed deposits United India Insurance - Rs 110 crore losses have been claimed till now due to floods in Tamil Nadu All that glitters is not gold... Small is ‘more’ beautiful Stage set for Indian ‘avatar’ of foreign banks Why priority status? Growing gainfully From lazy banking to easy banking A development bank for BRICS Holy or unholy? The collaboration suite of cyber criminals Reaching out: is it slowing down? Two banks: their jubilees and performances Payment banks have arrived Bottomlines shrink, bad loans rise... Another route for achieving financial inclusion New capitals of Migrant banks Small finance banks offer high interest rates Ernakulam excels... Lacklustre credit expansion Hesitancy in announcing year-end results How ‘secure’ are the secured loans? Bank deposits account for 46.3 per cent of household savings Needed a Banking Atlas The paradox: clamour for the Goliath and David Aadhaar, niraadhaar and banking Banking in Telangana Indian customers are tech savvy Rationalised Managing NPAs... Just 660 days! Target over-ambitious... Greet Lakshmi the banking robot New bank licences, at last... Banking on Risk Monetary policy continues to adopt dis-inflationary path Good, bad and ugly Cradle of banks to a smart city... Nothing much can happen…. Merger mania haunts banks Perhaps small is more beautiful than big! Thirty more cities seek to become SMART How okay are new banks? Banking overhauling or reorganisation? Grows Bigger Drop in SLR- sparing lendable resources Big bank merger, bigger expectations Cautious and considerate Small finance payment banks... Mega merger is on Drastic decline in asset quality Governance in Reverse Gear? One down in private sector Targets continue to be ad hoc
 
Needed a Banking Atlas
The inherent diversities in the Indian economy being very large and deep-rooted, regional disparities in banking development have remained with little change, despite the massive branch expansion programme.

While at the macro-level visible changes have taken place in the volume of the domestic banking business, inter-regional and inter-district disparities continue to persist. Growth in the banking database generated by the Reserve Bank does not throw enough light on these deficiencies.

The number of rural branches has increased substantially in the recent years, no doubt. But its inadequacy in many districts is not properly explained by these data. Graphic presentation of the disaggregated data at the district level or even at the state-level through maps would be more effective in depicting the extent of the regional banking disparities. Maps would be very useful in such analysis. With the changes rapidly taking place in the banking map of the country through the emphasis on financial inclusion, it would be very useful if the Indian Banks Association comes out with such a Banking Atlas.

 

Earlier attempts by Reserve Bank

 

The RBI has been publishing the Statistical Tables Relating to Banks in India, annually since 1939. Besides providing banking data of individual banks categorised into three classes based on their capital base, there used to be a couple of pages containing Indian maps showing the spread of banked centres all over the country. The printing technology of that time being what it was, those maps printed on ordinary papers, could display the dispersion of banked centres by black dots only. Though they were shabby, they could convey more easily the concentration of banks in few states and their absence in large tracts of many states.

The concentration of banking centres - inferentially the availability of banking facilities – was more effectively conveyed in the southern states and West Bengal. During the 1950s, this  practice of presenting a visual display of the dispersion of banking centers was discontinued by the Reserve Bank.

 

IBA did it for one year

Indian Banks’ Association made a maiden attempt in bringing out a banking atlas in 1996.  The IBA Committee of Bank Economists, which consisted of economists working in different public sector banks, did the groundwork.

I was the chairman of that committee. The IBA Banking Atlas of Indian Banking was published by IBA, depicting the regional disparities in the availability of banking facilities in different states. That was a novel way of presenting, through maps of India, the regional disparities in the spread of banking development. Elegantly printed, the first ever "Atlas on Indian Banking"  was released by the IBA.  It should not remain to be the last.

The Atlas also contained a host of useful banking statistics explaining the regional differences in banking development. Maps showing the per capita deposits and per capita credit state-wise were very informative. Similarly state-wise variations in the credit-deposit ratios were also colourfully displayed.

 

The scope of new atlas

As ATMs have started emerging as extended service outlets since 1987, their spread can be now included in the new Atlas. Since a couple of lakhs of business correspondents are operating in villages all over the country, their accessibility in different states can be illustrated. Juxtaposing the maps showing the per capita bank deposits and per capita income, state-wise, would be very meaningful. So also would be the comparative position of per capita income and per capita bank credit.

Growth rates of agricultural production can be compared with the percentage of farm credit lent in each state. Percentage of households availing banking facilities state-wise, - both rural and urban - as revealed by the Census 2011, can be matched with the percentage of personal loans outstanding, correspondingly.

District-level presentation of maps relating to, for example, housing loans and transport loans vis-à-vis the deficiencies of housing and transport facilities would be very informative. Besides these, many other indicators of banking business could be compared with socio-economic indicators available from the Human Development Indices, both at the state and district levels.

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com