CD ratio Andhra Bank India FY 2018-2020

The Andhra Bank in India had a credit to deposit ratio of approximately 74 percent at the end of fiscal year 2020, up from around 72 percent at the end of fiscal year 2019. The overall CD ratio for Indian public sector banks was estimated at approximately 68 percent in the fiscal year 2020. In April 2020, Andhra Bank was merged into Union Bank of India.

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.