HomeNewsOpinionBanks’ growing reliance on CDs shows hunt for deposits is only getting intense

Banks’ growing reliance on CDs shows hunt for deposits is only getting intense

Aparna Iyer • July 05, 2023 / 10:14 IST

According to analysts at India Ratings Ltd, the share of CDs in the incremental deposits of banks has risen to 12.5 percent in FY23 from 6.5 percent in FY22

A slowing deposit growth

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