CD ratio of Indian banks was over 100% in 6 states, Economic Survey finds

In the financial year 2023-24, bank credit rose 19.12 percent in the FY24 to Rs 169.14 lakh crore, as compared to Rs 142 lakh crore in the year ago period. On the other hand, deposit grew 13.4 percent on-year to Rs 212.54 lakh crore by the end of FY24.

Aug 14, 2024 - 17:30
 0  5
CD ratio of Indian banks was over 100% in 6 states, Economic Survey finds
In the financial year 2023-24, bank credit rose 19.12 percent in the FY24 to Rs 169.14 lakh crore, as compared to Rs 142 lakh crore in the year ago period. On the other hand, deposit grew 13.4 percent on-year to Rs 212.54 lakh crore by the end of FY24.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow