Credit-to-deposit ratio fell to 73.1% in Q1, from 76% in Q4FY20
While for private banks, credit growth moderated to 7.2 per cent in Q1FY21, from 9.3 per cent in Q4FY20, public sector banks (PSBs) and regional rural banks saw a rise
 "Credit-to-deposit ratio fell to 73.1% in Q1, from 76% in Q4FY20")
premium
The credit to deposit ratio fell to 73.1 per cent in the June quarter, from 76 per cent in the preceding quarter as the nationwide lockdown imposed in March-end brought economic activity to a near standstill.
While for private banks, credit growth moderated to 7.2 per cent in Q1FY21, from 9.3 per cent in Q4FY20, public sector banks (PSBs) and regional rural banks saw a rise.
For PSBs credit growth moved up to 5.7 per cent, from 4.2 per cent, while for RRBs it rose from 6.1 per cent to 6.7 per cent.
Entering into the second quarter, credit offtake is inching up gradually with schemes like government guaranteed emergency credit for MSMEs. Yet, the credit to deposit ratio moved down to 72.58 by middle of August 2020.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%