Rs 2,000 note withdrawal impact: CD, CP yield falls on expectation of improvement in bank deposits
The yields on CDs maturing in three months, which were trading in the 7.00-7.20 percent range on May 17, have now fallen to 6.80-6.95 percent.
Ajay Manglunia Umesh Kumar Tulsyan Shaktikanta Das Reserve Bank Managing Director Sovereign Global Markets
Source: moneycontrol.com