CASA ratio
| Bank | CASA Ratio | Date |
|---|---|---|
| HDFC Bank | 52% | 2017 [1] |
| Yes Bank | 22.5% | September 2014 [1] |
| Axis Bank | 40% | September 2014[1] |
| Kotak Mahindra Bank | 51% | March 2018[1] |
| Bank Alfalah | 83.3% | February 2017[2] |
| ICICI Bank | 43.7% | September 2014[1] |
| IndusInd Bank | 34.12% | March 2015[3] |
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%.[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.[5][6]
Formula
See also
References
- ^ a b c d e "Kotak Mahindra Bank - Q4FY18 Results" (PDF). Kotak Mahindra Bank. April 30, 2018. Retrieved May 7, 2018.
- ^ "Bank Alfalah posts profit after tax of Rs.7.9bn with EPS of Rs.4.96". Business Recorder. 24 February 2017. Retrieved 9 Jan 2018.
- ^ "IndusInd Bank Q4 net rises 25%". The Hindu Business Line. 16 April 2015. Retrieved 8 May 2015.
- ^ R. Narayanaswamy (2 April 2014). Financial Accounting: A Managerial Perspective. PHI Learning. p. 589. ISBN 978-81-203-4949-0. Retrieved 8 May 2015.
- ^ "What is CASA ratio?". The Economic Times. 10 May 2009. Retrieved 8 May 2015.
- ^ "Banks' CASA deposits grow 33%: What it means". Yahoo. 28 November 2013. Retrieved 8 May 2015.
Further reading
- "What is CASA ratio?". The Economic Times. 10 May 2009.
- "De-jargoned: CASA". Live Mint. 6 February 2013.
 | This finance-related article is a stub. You can help Wikipedia by expanding it. |