Tripura Minister Praises TSCBL's 66% Credit Deposit Ratio in FY'26

Tripura Finance Minister Pranajit Singha Roy praised the Tripura State Cooperative Bank Ltd (TSCBL) for achieving the highest credit deposit ratio (CDR) of 66% in the 2025-26 fiscal year among lenders in the northeastern state. The minister highlighted that this ratio significantly exceeds the state's overall CDR of 49%. This achievement underscores the effectiveness of cooperative banking in the region.

The high CDR indicates that TSCBL is effectively channeling deposits into loans, particularly benefiting small farmers and local businesses. The bank plays a crucial role in mobilizing savings and providing credit in rural areas. Minister Roy attributed this success to the dedicated efforts of the bank's board and staff. He emphasized that cooperative banks are vital for local economic development.

Tripura's overall CDR of 49% suggests that credit utilization is relatively low compared to deposits. This points to a need for increased investment and consumption spending. The minister urged other banks to follow TSCBL's example and expand their lending activities. He also announced that the government would provide incentives to boost credit deployment.

TSCBL's performance demonstrates the strength of the cooperative banking model, which mobilizes local savings for local investments. The minister noted that this success serves as a model for other states. Plans are underway to expand digital banking services to reach more customers and further improve efficiency.

In conclusion, TSCBL's high CDR is a positive sign for Tripura's financial inclusion and economic growth. The minister assured continued support to maintain this momentum. Cooperative banks have once again proven their importance as a tool for development, especially in rural areas.