CD issuances surge on widening liquidity deficit – The Financial Express

The average liquidity deficit has more than tripled during the week of December 10- 14 to `84,737 crore compared with the average liquidity deficit of Rs 27,492 crore in the previous week.CD issuances surge on widening liquidity deficitWith banking system liquidity deficit remaining high — it was around Rs 1 lakh crore on Monday — there has been a rise in the issuance of certificate of deposit (CDs). On Tuesday, Axis Bank and IDFC Bank together raised `3,650 crore through CDs. The amount was sim...
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