Total deposits of banks in Telangana increased by ₹23,356 crore during the quarter that ended in September to ₹10,16,303 crore, while total advances rose ₹46,050 crore to ₹13,22,798 crore.
The Credit-Deposit (CD) ratio continues to be above 100% despite global and domestic challenges. It stood at 130.16% at the end of the quarter, said Neelesh Dwivedi, CGM of SBI Hyderabad Circle.
Presenting the performance of the banks at the review meeting of the State Level Bankers’ Committee (SLBC), for the quarter ending September, here on Tuesday, he said that during the first half year of the current financial year, banks disbursed ₹42,885 crore agriculture loans achieving 73.75% of Kharif targets.

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