CD ratio of HDFC Bank India FY 2017-2021

In fiscal year 2021, HDFC Bank in India had a credit to deposit ratio of close to 84.85 percent, down from around 86.6 percent in the previous fiscal year. The overall CD ratio of private sector banks in the country stood at around 82 percent that year.
The credit to deposit ratio is an important first indication to gauge a bank's health, as it shows how much of a bank's core funds are being used for lending. A very high ratio indicates pressure on resources as well as capital adequacy issues, while a very low ratio can mean that the bank is not using its available resources optimally.