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Belgaum 76th place in Deposits & Credit base

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 Source: The RBI report of 15 Apr 2008

Amongst the Top Two Hundred Centers Arranged According to Size of Aggregate Deposits / Gross Bank Credit – December 2007: Belgaum stands at 76th place for Deposits of 3101 crores and credit of 1936 crores. rbi

These figures are the gross deposit base and credit given by all the banks in Belgaum.
All figures in Crores.

Belgaum is 5 in the State after Hubli. All the big companies see this data only when they plan an entry into the city & for this reason all the development of Hubli takes first and then its Belgaum. Take anything for that matter from Icici bank to HDFC bank, first in Hubli and then in Belgaum.

However, I was amazed to see Kolhapur at 99th place. Kolhapur is a very good industrial hub but the deposits are less but the credit is more than Belgaum.

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