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CASA ratio information


CASA ratio of select banks
Bank CASA Ratio Date
HDFC Bank 52% 2017 [1]
SBI 43.81% 2017 [2]
Yes Bank 26% 2020 [3]
Axis Bank 40% September 2014[1]
Kotak Mahindra Bank 51% March 2018[1]
Bank Alfalah 83.3% February 2017[4]
ICICI Bank 51% January 2019
Karnataka Bank 28.91% March 2020
IndusInd Bank 42.00% March 2021[5]

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%.[6] 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.[7][8]

  1. ^ a b c "Kotak Mahindra Bank - Q4FY18 Results" (PDF). Kotak Mahindra Bank. April 30, 2018. Retrieved May 7, 2018.
  2. ^ "SBI Closed 41 Lakh Savings Bank Accounts Between April And January". NDTV. March 21, 2018. Retrieved Feb 2, 2020.
  3. ^ "Yes Bank-Annual-Report 2018". Yes Bank. April 30, 2018. Archived from the original on September 29, 2018. Retrieved May 7, 2018.
  4. ^ "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.
  5. ^ "IndusInd Bank Q4 net rises 25%". The Hindu Business Line. 16 April 2015. Retrieved 8 May 2015.
  6. ^ R. Narayanaswamy (2 April 2014). Financial Accounting: A Managerial Perspective. PHI Learning. p. 589. ISBN 978-81-203-4949-0. Retrieved 8 May 2015.
  7. ^ "What is CASA ratio?". The Economic Times. 10 May 2009. Retrieved 8 May 2015.
  8. ^ "Banks' CASA deposits grow 33%: What it means". Yahoo. 28 November 2013. Retrieved 8 May 2015.

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