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'Tripura bank lose business due to demonitisation'

<p>Tripura State Cooperative Bank (TSCB), which is celebrating its 60th foundation day on Saturday, lost business due to demonitisation of high value currency notes by the central government, officials said here on the day</p>

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Agartala: Tripura State Cooperative Bank (TSCB), which is celebrating its 60th foundation day on Saturday, lost business due to demonitisation of high value currency notes by the central government, officials said here on the day.

"Our credit-deposit-ratio (CDR) would have been 57 per cent this year, but because of demonitisation of high value currency notes by the central government the CDR sttuck at 52 per cent," TSCB Managing Director Swapan Kumar Saha told reporters.

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