Banks turn to CD issuances in September amid sluggish deposit growth
Source: Business Standard 3 min read Last Updated : Sep 25 2024 | 8:44 PM IST Facing sluggish deposit growth, banks turned to issuing certificates of deposit (CDs) in September to mobilise funds. Banks have issued Rs 1.35 trillion worth of CDs so far this month, marking a 65 per cent increase compared to…