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

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.

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top