The states wealth is concentrated in Hyderabad, which is a known fact, but heres how.
Hyderabad accounts for half of the states total bank deposits. The youngest state in the country has 6,11,401 crore in deposits spread across 5,442 commercial bank branches, with Hyderabad alone holding over 3 lakh crore.
However, the disparity that can be seen is that most of the districts in Telangana have deposits of less than 2,000 crore.
According to the Telangana state statistical abstract released by the state planning board recently, Hyderabad has 3,61,115 crore deposits in 1,202 commercial bank branches, followed by Medchal-Maljajgiri with 93,039 crore deposits, andRangareddywith 30,179 crore deposits.