Banks raise Rs 89.5k crore via CDs in December fortnight, rates surge (Soban News)

Banks raised Rs 88,512 crore through certificates of deposit in the last fortnight of December as deposit growth lagged credit growth, pushing short-term borrowing rates above 7 per cent​Banks raised Rs 88,512 crore through certificates of deposit in the last fortnight of December as deposit growth lagged credit growth, pushing short-term borrowing rates above 7 per cent ​Latest News [ SOBAN NEWS: International and National ]