Month: August 2023

State credit-deposit ratio better, but many dists lagging behind

During the 84th quarterly state-level banker’s committee (SLBC) meeting in Ranchi, it was revealed that the credit-deposit (CD) ratio of Jharkhand is at 45.08%. However, the CD ratio of 15 banks and 14 districts in the state is below 40%. The State Bank of India, Indian Bank, Punjab National Bank, and Canara Bank are among