Indian banks find a way to secure cheap funding | Mint - Mint

Indian banks have raised around 300 billion rupees ($3.76 billion) through two-month to one-year CDs or certificates of deposits in the two weeks to Aug. 19

Indian banks have increased their fundraising activity through the issuance of certificates of deposits, as funding in the banking system continues to contract, analysts said. "Banks are not raising … [+2185 chars]

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