hdfc bank has highest casa ratio in india.
hdfc bank has highest casa ratio in india.
which bank has highest casa ratio in india?
hdfc bank
Na
Na
casa ratio stands for current and savings account ratio. casa ratio of a bank is the ratio of deposits in current and saving accounts to total deposits. a higher casa ratio indicates a lower cost of funds, because banks do not usually give any interests on current account deposits and the interest on saving accounts is usually very low 3-4%. if a large part of a bank's deposits comes from these funds, it means that the bank is getting those funds at a relative lower cost. it is generally understood that a higher casa ratio leads to higher net interest margin. in india, it is used as one of the metrics to assess the profitability of a bank.
casa ratio