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GIPE-PUNE-OIIOI2 - DSpace@GIPE

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-.144 . THE BANK CAPITALISM OF YOUNG BENGAL<br />

:scope of •• active •• ·services rendered by this bank to<br />

the trades and industries of the country can be seen in<br />

the following figures relating to loans and other<br />

advances' (i.e., I. Cash credits and demand advances,<br />

2. Loans and 3. Bills discounted and purchased):<br />

(a)<br />

(b)<br />

1912 Rs. 8,000,000 1921 Rs. 92,114,000<br />

1916 lO,OOO,OOO 1922 85,528,000<br />

1917 26,000,000 1923 113,925,000<br />

11918 54,000,000 1924 June 100,710,000<br />

'1919 54,000,000 1925 92,143;000<br />

'1920 72,000,000 1926 90,871,000<br />

(c)<br />

1927 96,979,000 1929 78,341,000<br />

:1928 98,917,000 1930 69,804,000<br />

1931 62,270,000<br />

For' the bankers of Young Bengal it should be instructive<br />

also to note that the C.B.I. made its debut with a<br />

rather small "paid-up" capital of Rs. 1,000, 000. The<br />

_growth of capital and reserve as well as the dividend rates<br />

.may be seen in the following schedule.<br />

(a)<br />

Paid-up Capital Reserve Dividend<br />

Rs. Rs. p.c.<br />

-1913 1,500,000 100,000 3<br />

'1914 1,500,000 100,000 nil<br />

1915 1,500,000 100,000 41<br />

1916 1,500,000 160,000 61<br />

1917 2,500,000 300,000 71<br />

1918 2,500,000 600,000 81<br />

1919 4,990,000 :1,400,000 11<br />

-.1920 4,990,000 1,900,000 14

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