Indian bank

2022 - 8 - 22

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Image courtesy of "Livemint"

Indian banks find a way to secure cheap funding | Mint (Livemint)

Indian banks have raised around 300 billion rupees ($3.76 billion) through two-month to one-year CDs or certificates of deposits in the two weeks to Aug.

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Image courtesy of "Nasdaq"

Indian banks issue more CDs to secure cheap funding (Nasdaq)

Indian banks have increased their fundraising activity through the issuance of certificates of deposits, as funding in the banking system continues to ...

Market participants also said that a pick up in credit growth as the economy revives will create need for a steady flow of funds at banks. These lenders are paying around 6.60%-6.74% for one-year funds, and keen to tie up funds for a year in anticipation of policy tightening in the near future. 19, sharply higher than the roughly 50 billion rupees in the previous two weeks, data compiled by Reuters showed. "Debt funds that are mandated to invest in shorter duration are always on the lookout for investment opportunities, and that is the major reason, banks are able to get large quantums without any major difference on rates," IDBI Mutual Fund's Sharma said. "With liquidity getting drained out of the banking system, we expect banks to continue to raise funds through CDs as well as bonds," said Venkatakrishnan Srinivasan, founder and managing partner at debt advisory firm Rockfort Fincap. Indian private and state-run banks have raised around 300 billion rupees ($3.76 billion) through two-month to one-year CDs in the two weeks to Aug.

Indian banks issue more CDs to secure cheap funding (Financial Post)

MUMBAI — Indian banks have increased their fundraising activity through the issuance of certificates of deposits, as funding in the banking system continues ...

Market participants also said that a pick up in credit growth as the economy revives will create need for a steady flow of funds at banks. These lenders are paying around 6.60%-6.74% for one-year funds, and keen to tie up funds for a year in anticipation of policy tightening in the near future. 19, sharply higher than the roughly 50 billion rupees in the previous two weeks, data compiled by Reuters showed.

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Image courtesy of "Financial Express"

Striking a balance | Banker Of The Year 2019-20 – PADMAJA ... (Financial Express)

It was a simple plan: bring asset quality under control to preserve capital and grow the business to drive earnings — all this, after installing a modern ...

“There was much banter and teasing and at the end of it all, much of the mistrust was gone,” she recalls. “There was much banter and teasing and at the end of it all; much of the mistrust was gone,” she recalls. Chunduru took it all in her stride much like she did during her stint in the US when she had to fend for herself and two children. Having lived in various parts of the country — even during her schooldays — Chunduru appreciated the differences and their potential problems. The big one, of course, was the merger of “There’s nothing like over-communication,” she says.Her big concern was the huge cultural differences between the banks.

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