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PSU Banks' share in CD issuance rises to 69% from 6% in three years

PSU Banks' share in CD issuance rises to 69% from 6% in three years

Public sector banks increased certificate of deposit issuance since 2022. Their market share rose significantly. Private banks initially led CD issuance during Covid. PSBs dominated after February 2022. Liquidity drives CD issuance. CD issuance reached a high…

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