Goa, the smallest Indian state by area and fourth smallest by population, secured a nationwide third rank in per capita deposits. The western state was outsmarted only by the Union Territories of Delhi and Chandigarh.
As per a recent Economic Survey the per capita deposits of Delhi stands at 3.16 lakh rupees, followed by Chandigarh which placed at 2.32 lakh rupees. Goa, which came third clocked at 1.72 lakh rupees.
According to the survey figures the aggregate deposits of Goa recorded a phenomenal growth from 9 crore rupees in 1962, a year after liberation from Portuguese rule, to 26045 crore rupees in 2008-09 and Rs 34165 crore rupees in 2010-11. The total bank deposits of the state as on September 2011 stood at 4617 crore rupees.
Goa is the only State with a low ratio of 4148 population per bank branch, while all the other States and Union Territories have a ratio of above 5000 population per branch.
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