Raise in issue of Certificate of Deposits by banks

Banks use Certificate of Deposits to raise bulk funds from high net worth and institutional investors, which in other terms shows that there is rising demand for bank funds, due to an upward trend in economy’s growth.  Here is an article which details the outstanding of CDs at Rs. 1 lac crore.Banks use Certificate of Deposits to raise bulk funds from high net worth and institutional investors, which in other terms shows that there is rising demand for bank funds, due to an upward trend in economy’s growth.  Here is an article which details the outstanding of CDs at Rs. 1 lac crore.