A Study on Deposits to Working Capital Ratio of Rajkot District Cooperative Bank Ltd.
DOI:
https://doi.org/10.31305/rrijm.2022.v07.i10.022Keywords:
Current Ratio, Debt Ratio, t – testAbstract
Majorly 21 types of banks are functioning worldwide. Each and every bank plays important role in growth and development of economy of the nation. This research is focusing on district level banks of Gujarat State. Presently total 42 district level banks are functioning in Gujarat. Amid them, the orientation is taken in account to evaluate the financial performance based on deposits to working capital ratio of the bank. The research is examined for Rajkot District Co-Operative bank ltd for financial year 2013 to 2019. An application of t – test is used to examine the results. It is observed that there is significance difference between the yearly upgradation in deposits to working capital ratio of the bank. The bank has progressively worked for Saurashtra region of Gujarat state.
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This is an open access article under the CC BY-NC-ND license Creative Commons Attribution-Noncommercial 4.0 International (CC BY-NC 4.0).