Tuesday, March 5, 2024

BANKING

In a report released on Monday, Nomura analysts pointed out that in February 2024, the monthly issuance of CDs for the banking system at ₹1.3 lakh crore was at a five-year high. "While CDs are a very small part of system deposits (2% of system deposits as of February 2024), the sharp rise in issuance is indicative of a continued resource crunch faced by banks.

from Banking/Finance-Industry-Economic Times https://ift.tt/wUCVzDx
via IFTTT

No comments:

Post a Comment