Mumbai: Indian banks have run down more than ₹1.3 lakh crore of certificates of deposit (CDs) in just a month, shrinking outstanding short-term market borrowings by 19% as liquidity created by the Reserve Bank of India's special foreign currency non-resident (bank) deposit window reduced their need…
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October 6, 2026 at 12:34 AM
Banks cut CD borrowings by Rs 1.3 lakh crore in a month amid RBI liquidity boost
Economic Times
Excerpt from Economic Times.