Canara Bank had a credit to deposit ratio of approximately 64.76 percent at the end of fiscal year 2022, down from about 69 percent in the 2020 fiscal year. The overall CD ratio for Indian public sector banks was at a rate of approximately 64 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.
Credit to deposit ratio of Canara Bank in India from financial year 2018 to 2022
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Indian Banks' Association. (June 12, 2023). Credit to deposit ratio of Canara Bank in India from financial year 2018 to 2022 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1070895/india-canara-bank-credit-to-deposit-ratio/
Indian Banks' Association. "Credit to deposit ratio of Canara Bank in India from financial year 2018 to 2022." Chart. June 12, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1070895/india-canara-bank-credit-to-deposit-ratio/
Indian Banks' Association. (2023). Credit to deposit ratio of Canara Bank in India from financial year 2018 to 2022. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1070895/india-canara-bank-credit-to-deposit-ratio/
Indian Banks' Association. "Credit to Deposit Ratio of Canara Bank in India from Financial Year 2018 to 2022." Statista, Statista Inc., 12 Jun 2023, https://www.statista.com/statistics/1070895/india-canara-bank-credit-to-deposit-ratio/
Indian Banks' Association, Credit to deposit ratio of Canara Bank in India from financial year 2018 to 2022 Statista, https://www.statista.com/statistics/1070895/india-canara-bank-credit-to-deposit-ratio/ (last visited August 25, 2024)
Credit to deposit ratio of Canara Bank in India from financial year 2018 to 2022 [Graph], Indian Banks' Association, June 12, 2023. [Online]. Available: https://www.statista.com/statistics/1070895/india-canara-bank-credit-to-deposit-ratio/