Crisil said that the picture gets worse if south and west India are excluded as these two regions have highest financial penetration. The research firm conducted study on the basis of three parameters - branch, deposit and credit penetration - across the 632 districts in India. The outcome of the study was that bottom 50 districts have just three banks per 100,000 of population, just half of the 7.6 bank branches on an all-India level.
These districts account for just 2 per cent of total bank branches in India and of every 1 lakh people, only 4,068 have a loan account. Moreover, there are some districts in North India with just one branch per district, the study showed.