The provisional figures show that the deposit growth of several banks has outpaced loan growth in the fourth quarter which will result in moderation of CD ratio.
"Provisional business figures from 22 banks accounting for around 50% of the system loan/deposits indicate deposits growth (up 6% quarter-on-quarter) outpacing loans growth (up 3% qo-q)," said ICICI Securities in a report. "We argue that an unmissable trend from the business updates is the q-o-q improvement in loan to deposits ratio (LDR) for almost all banks," it said.
The LDR improvement phenomenon also applies to even select PSU banks which had one of the lowest LDR, added the report.
Bu hikaye Financial Express Mumbai dergisinin April 16, 2024 sayısından alınmıştır.
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Bu hikaye Financial Express Mumbai dergisinin April 16, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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