Spread of banking The banking system's wide reach, judged in terms of expansion of branches and the growth of credit and deposits indicates continued financial deepening (Table 1). The population per bank branch has not changed much since the 1980s, and has remained at around 16,000.
Table 1: Progress of Commercial Banking in India 1969  1980  1991  1995  2000  2005  1  2  3  4  5  6  9  1  No. of Commercial Banks  73  154  272  284  298  288  2  No.