Tiruppur, the largest textile Export centre of  India will become the 7th Municipal Corporation of Tamilnadu today, while 40 Kms east, Erode, a major Textile and commercial center on its own, will become the 8th when the CM Kalaignar Karunanidhi officially inaugurates them. For now, the municipalities are simply getting upgraded as a corporation while the adjoining municipalities and [...]

Narendra Modi, India’s most reviled (at least by the English Press) politician,  and it’s most divisive, has been crowned the Chief Minister of Gujarat for the third time in succession. Contrary to psephologists and media prediction (wish rather), he has once again won the elections (second time after Godhra and aftermath) with a comfortable majority.
For people [...]

Banking statistics in June 2007
——————————-
TN Cities banking information got from RBI web site (www.rbi.org.in)
All amounts in Rs Crores

Rank
All India Rank
City

Branches

Deposits

Credits

1
5/3
Chennai

887

78,674

98,186

2
26/11
Coimbatore

215

9,781

15,631

3
96/17
Tiruppur

60

2,321

8,358

4
48/30
Madurai

135

4,651

4,183

5
58/52
Trichy

108

3,898

2,403

6
83/46
Salem

83

2,628

3,096

7
-/53
Erode

55

NA

2,381

8
-/88
Dindigul

30

NA

1,362

9
-/93
Rajapalayam

20

NA

1,240

10
-/96
Karur

33

NA

1,213

Comparing with the old statistics I posted in August 2005, it seems most cities are falling down in deposit mobilisation and gaining in credit disbursement and a few new entrants on the credit side.
Old statistics as [...]