CD ratio Corporation Bank FY 2018-2020

Corporation Bank had a credit to deposit ratio of approximately 68 percent at the end of fiscal year 2020. This was on par with the overall CD ratio of the Indian public sector banks, which was estimated at approximately 68 percent that year. In April 2020, Corporation 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.