The share of the Metro cities in total debt fell to 58.7 percent, this information occurred in RBI -Banks loan share in metro cities dropped to 5 years low
According to the Reserve Bank of India (RBI), the share of the branches of Metro cities dropped to 58.7% in the total debt of banks, which is the lowest in five years. This decline has fallen as a result of increasing debt distribution in rural and semi-urban areas. In terms of deposit, however, the branches of Metro cities increased by 11.7% exceeding other areas. Pti, Mumbai. The share of branches of metro cities in the total debt of banks came up to five years low. According to the data released by RBI on Friday, the share of Metro branches in the total debt at the end of March 2025 dropped to 58.7 percent, which was 63.5 percent five years ago. The central bank says the main reason for this decline is to give more loans of rural, semi-urban and urban branches. Interestingly, in terms of deposit, bank branches in Metro cities have a higher growth rate than other groups. What do you say data? According to the data, the increase in the deposit of Metro branches was 11.7 percent at the end of March 2025. While the growth rate of rural, semi-urban and urban branches was 10.1 percent, 8.9 percent and 9.3 percent respectively. According to RBI, there was also an increase of 11.1 percent of the total debt distribution of banks during the past financial year 2024-25. This is less than 15.3 percent of FY 2023-24. Similarly, the growth rate of deposits over the past financial year was 10.6 percent, which is less than 13 percent of the previous financial year. According to the data, there was a decline in the spread of all banking groups during the past financial year. The biggest decline was in banks in the private sector. During 2024-25, there was a 9.5 percent increase in the debt distribution of private sector banks, which was more than 15 percent until the earlier financial year.