The amount raised through CDs in September was the second-highest monthly figure in the current financial year (2024-25), following ₹1.45 trillion raised in June, according to data from PRIME Database.
Banks have issued ₹7.78 trillion worth of CDs in the current calendar year until August 2024, compared to ₹4.9 trillion in the same period of 2023, registering a 59 per cent growth.
This story is from the September 26, 2024 edition of Business Standard.
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This story is from the September 26, 2024 edition of Business Standard.
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