Banks tap certificates of deposit to meet rising credit demand
Led by public sector banks, lenders issued CDs worth ₹2.62 trillion between April and August this year against ₹2.5 trillion in the same period last year.
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Led by public sector banks, lenders issued CDs worth ₹2.62 trillion between April and August this year against ₹2.5 trillion in the same period last year.
(This story has not been edited by THE WEEK and is auto-generated from a PTI
An analysis of mutual fund distributor commissions’ disclosure made by AMFI shows that of the top 20 biggest MFDs, nine were banks, earning a total commission of Rs 3,286 crore.
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Among the companies that have filed for IPOs, at least 41 have secured a nod from Sebi and are likely to raise ₹50,940 crore from the public through IPOs.