Credit Deposit Ratio Subject: Economy Section: Monetary policy Context: Banks need to rework their strategies rising from the ‘business as usual approach’ given the rising cost of borrowing due to hike in the repo rate. Impact of Rising cost of borrowings: Emerging resource imbalance: Declining credit deposit ratio–Deposit growth isat 9.8 percent while […]

    Credit deposit Ratio Subject: Economy Context: At Niti Aayog’s governing council meet the Bihar CM requested the Centre to take steps to improve credit deposit ratio of the state. Concept: It is only 36.1 per cent in Bihar against the national average of the 76.5% (with some states having 100% Credit deposit ratio). […]