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Source: Economic Times
Economic Times
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Banking Sector
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4 min
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13 Jul
Published
Banking Sector
4 min read· Economic TimesFCNR inflows may reduce banks' reliance on CD market in Q2 FY27: Report
Foreign currency deposits may reduce bank reliance on certificate of deposit issuances. Strong credit growth will continue to support certificate of deposit issuances in the near term. However, FCNR (B) deposit inflows will determine certificate of deposit volumes in the second quarter. Commercial paper issuances ar…
Foreign currency deposits may reduce bank reliance on certificate of deposit issuances. Strong credit growth will continue to support certificate of deposit issuances in the near term. However, FCNR (B) deposit inflows will determine certificate of deposit volumes in the second quarter. Commercial paper issuances ar
Source: Economic Times