Banks Unwilling to Lend

From the beginning of fiscal 2018-19 up until September, the loan-to-deposit ratio has been of the descending order indicating that banks are exercising extra caution when it comes to lending. 
According to a report by the Tehran Chamber of Commerce, Industries, Mines and Agriculture, the ratio was 85.7 in 2018-19 fiscal year and dropped to 79.8 points in September. 
Compared to the end of the last fiscal year, the loan-to-deposit ratio fell 1.5%, indicating 4.5% decline on a year-on-year basis.