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The Hindu

National

Abdul Latheef Naha K 5949

Banks in Malappuram told to enhance CD ratio

Malappuram Canara Bank

Bank deposits in the district witnessed an increase of ₹753.27 crore in the last quarter. Banks in the district had ₹52,144.70 crore deposit in September against ₹51,391.43 crore in June.

A review of the banking sector held in Malappuram on December 20 pointed out that there was a proportionate increase in the NRI deposits in the quarter ending September.

NRI deposits alone were ₹13,221.23 crore against June’s ₹13,208.89 crore.

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