Average CCD ratio of banks at 77.65pc in Q2
(WorldNews Business)

Kathmandu, January 20 Commercial banks seem to have been more cautious towards maintaining the credit to core capital plus deposit (CCD) ratio under the regulatory requirement as the average CCD level of banks stood at 77.65 per cent at the end of the second quarter (mid-January) of this fiscal year. Slow growth of deposits, mismatch between deposit collection and credit expansion, and withdrawal of a huge amount from the banking channel for the purpose of tax submission were expected to generate pressure on the banks to maintain the CCD level as per the regulatory provision. `Banks were anxious that their CCD level could overshoot the permissible level, however, the situation is better...