Incremental CRR: As liquidity tightens, banks push CDs https://ift.tt/nqeS8vr acceleration in the issuance of CDs — which are short-term debt instruments used by banks to raise funds —— comes after the RBI imposed an incremental Cash Reserve Ratio (ICRR) of 10% on the growth in bank deposits from May 19 to July 28.
Monday, August 28, 2023
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment