Banks' CD ratio to moderate to 75% over FY25-27: Report
Financial Express Mumbai|March 22, 2024
BANKS ARE LIKELY to see some relief on the credit deposit (CD) front as the ratio may to moderate to 75% over FY25-FY27, from nearly 80% in the current fiscal, largely led by a lower credit growth and slightly higher deposit growth, brokerage Emkay Institutional Equities said in a report on Thursday.
PIYUSH SHUKLA
Banks' CD ratio to moderate to 75% over FY25-27: Report

This assumes significance as the Reserve Bank of India (RBI) has reportedly nudged certain lenders with CD ratios over 100% to lower it to around 70%-80% level.

Private lenders like HDFC Bank, IDFC First Bank and Axis Bank had a CD ratio of 110%, 102% and 93% as on Q3FY24end, respectively, whereas public sector banks' average CD ratio was lower at 72%.

هذه القصة مأخوذة من طبعة March 22, 2024 من Financial Express Mumbai.

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هذه القصة مأخوذة من طبعة March 22, 2024 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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