22-March-2026
Banking
 
Indian lenders pay steepest premium for short-term funds in 6 years as borrowings hit record
21-Mar-2026

Indian lenders are shelling out premiums for short-term funds last seen during the Covid-19 crisis, with sluggish deposit growth driving dependence on certificates of deposit (CDs) and pushing borrowings to a record high. Outstanding CDs skyrocketed to a record high of 6.64 trillion rupees ($71.04 billion) as of February 28, registering a staggering jump of 75% over the last two years.

News Source:- https://economictimes.indiatimes.com/industry/banking/finance/banking/indian-lenders-pay-steepest-premium-for-short-term-funds-in-6-years-as-borrowings-hit-record/articleshow/129700896.cms
 
 
 

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