(Akademia Bialska im. Jana Pawła II, 2024-03-28)
Rani, Mamta; Siwach, Manoj
Subject and purpose of work: The study presents a comprehensive analysis of the banking
sector in Haryana from 2007 to 2022.
Materials and methods: The study is based on secondary data. The number of bank branches,
deposits, and credits in the state are just a few economic indicators covered in the Statistical
Abstract of Haryana. The compound growth rate is calculated to assess the growth of a bank.
Results: The findings reveal a consistent rising trend in bank branches, credit and deposits of
commercial banks. Notable trends include increasing bank branches, a surge in deposits and
robust credit growth, indicating a dynamic and thriving banking sector. The Credit-Deposit ratio
gradually increased from 2007 to 2011, reaching a peak in 2012 at 102.10%.
Conclusions: The overall number of bank offices has increased dramatically due to the state’s
growing financial sector. The steady expansion in bank branches indicates a sustained effort to
improve accessibility and financial inclusion.