Try GOLD - Free
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.
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%.
This story is from the March 22, 2024 edition of Financial Express Mumbai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Mumbai
Financial Express Mumbai
Israel, Hamas agree to Trump plan
ISRAEL AND HAMAS signalled a readiness to move forward with US President Donald Trump’s ceasefire plan in a diplomatic breakthrough, but significant gaps will need to be negotiated tobringan end tothe war in Gaza.
3 mins
October 05, 2025
Financial Express Mumbai
Hyundai in reverse gear, slides to 4th spot
Korean carmaker in H1 loses second rank held for years
2 mins
October 05, 2025
Financial Express Mumbai
Non-FASTag vehicles paying via UPI to face 1.25 times fee from Nov 15
WITH AN AIM to reduce cash transactions, the government on Saturday said that from November 15, vehicles entering a fee plaza on a National Highway without a valid, functional FASTag will be charged 1.25 times of regular toll amount if users opt to pay using UPI.
1 min
October 05, 2025
Financial Express Mumbai
New games on the block serving up a storm
Pickleball, padel, Ironman rising the popularity charts
3 mins
October 05, 2025
Financial Express Mumbai
INDIA MOBILE CONGRESS 2025 CEO: Focus will be on 6G ecosystem development
THE UPCOMING INDIA Mobile Congress 2025 event will focus on connecting dots for 6G ecosystem development and building partnerships, a top official of digital technology platform IMC said.
1 mins
October 05, 2025
Financial Express Mumbai
Trump's $100k H-1B visa fee challenged in court
President lacks constitutional power: Lawsuit
1 mins
October 05, 2025
Financial Express Mumbai
Banks, regulators have ₹1.84 lakh cr unclaimed assets
UNION FINANCE MINISTER Nirmala Sitharaman on Saturday said financial assets worth ₹1.84 lakh crore were lying unclaimed with banks and regulators, and officials need to ensure these reach the rightful owners.
2 mins
October 05, 2025
Financial Express Mumbai
The lost languages
A renewed push to try and decipher the Indus script reminds us of all that is still unknown
3 mins
October 05, 2025
Financial Express Mumbai
Vedanta aluminium, mined metal production rises in Q2
MINING MAJOR VEDANTA on Saturday said the production of aluminium and mined metal has increased slightly during the second quarter of the current financial year.
1 min
October 05, 2025
Financial Express Mumbai
PM unveils youth initiatives for over ₹62,000 cr
PRIME MINISTER NARENDRA Modion Saturday unveiled various youth-focused initiatives worth morethan %62,000 crore, witha special emphasis on poll-bound Bihar.
1 min
October 05, 2025
Listen
Translate
Change font size