Tripura's Industrial Gap: A Roadblock to Financial Growth

Satyendra Singh, Chairman of Tripura Gramin Bank, highlighted the impact of limited industrialization on Tripura's low credit deposit ratio (CDR). Despite a slight improvement in CDR, industrial growth is needed for substantial financial development. The state is investing in infrastructure, eyeing a brighter financial future.

Tripura's financial landscape is experiencing a bottleneck due to inadequate industrialization, according to Satyendra Singh, Chairman of Tripura Gramin Bank. The state has seen its credit deposit ratio (CDR) decline over recent years, from 52 percent in the 2023-24 fiscal year to 50 percent in 2025-26.

Singh attributed this drop to the lack of industries and processing centers, which hampers the bank's ability to disburse substantial loans. To counteract this, the bank has made strides in improving CDR, boosting it from 36.44 percent in 2022-23 to 41.63 percent in 2025-26 through various initiatives.

The Chairman remains optimistic, forecasting a rise in CDR as Tripura intensifies its investment in infrastructure. Currently boasting deposits of Rs 15,422 crore, Tripura Gramin Bank achieved a profit of Rs 184.84 crore in the latest fiscal year, positioning itself for future growth.