New Delhi [India], August 11 (ANI): Amid the concerns of declining deposits at banks, CareEdge Ratings anticipated that the credit-deposit ratios may pose a concern to the Non-Banking Financial Companies (NBFCs).
"Bank's credit-deposit ratios raise concerns about NBFCs' ability to secure funds," it said.
By definition, the credit-deposit ratio (CD ratio) is a tool that measures how much of a bank's deposits are lent out a