Banks’ certificates of deposit issuances grew by greater than 65 per cent
Certificates of deposit (CD) issuances grew by greater than 65 per cent (year-on-year/yoy) to ₹4.51 lakh crore throughout 2024-25 (as much as September 6), considerably larger than ₹2.72 lakh crore within the corresponding interval of the earlier 12 months to fulfill funding necessities of banks to bridge the hole between credit score and deposit development. … Read more