ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Macroeconomic Indicators (24 December 2011)

The number of ATMs with scheduled commercial banks increased by more than threefold from 21,147 in 2005-06 to 74,505 in 2010-11. During the same period, while the outstanding number of credit cards came down from 23.12 million to 18.04 million, those of debit cards witnessed a tremendous growth from 74.98 million to 227.84 million. Loans disbursed under microfinance to SHGs and microfinance institutions dipped in 2010-11 after reaching a peak the previous year. After decelerating until 2008-09, the growth in the retail portfolio of banks saw a reversal the next two years.

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