Reserve Bank of India’s liquidity withdrawal pushes bank CD issuances to 3-month high
2023-08-28 10:07:23 The Reserve Bank of India’s move to withdraw liquidity from the banking system has forced lenders to scout the market for funds, pushing up the issuances of certificates of deposits (CDs) to a three-month high for the previous fortnight. Banks raised over 350 billion rupees ($4.24 billion) via CDs in the fortnight ended … Read more