CD ratio of Dena Bank FY 2017-2019
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.
In April 2019, Dena Bank was acquired by Bank of Baroda.