Banks' Certificate of Deposit Issuances Hit 4-Month Low Amid Surplus Liquidity and FCNR(B) Mobilisation, ETBFSI

Mumbai, Short-term fundraising by banks through the certificates of deposit (CD) route dropped to a four-month low in August, due to higher mobilisation of deposits through the concessional Foreign Currency Non-Resident (Bank) or FCNR(B) sc
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