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Banks turn to CD issuances in September amid sluggish deposit growth

Facing sluggish deposit growth, banks turned to issuing certificates of deposit (CDs) in September to mobilise funds. Illustration: Uttam Ghosh/Rediff.com Banks have issued Rs 1.35 trillion worth......

MF Reduced PSU Holdings Pre-Election

In May, MFs were the net sellers in several PSUs, as they deployed Rs 47,600 crore in equities during the month. IMAGE: Results for India's general elections on a screen inside the Bombay Stock......

'NPA recoveries has helped to reduce credit cost'

'For the first time ever it has come below 1 per cent, at 0.97 per cent.' Photograph: Shailesh Andrade/Reuters Canara Bank will not sacrifice margins for growth and it will be conscious about the......

Largecap, midcap cutoff surges over 26% in latest Amfi classification

The rally in the equity markets in the second half of 2023 has led to a sharp surge in the cutoff for stocks to qualify as largecaps and midcaps. Illustration: Dominic Xavier/Rediff.com On the......

JP Morgan EM index addition: Banks, FIs look to raise Rs 18,000 crore

Days after JP Morgan announced the inclusion of government bonds in its emerging market (EM) bond index, a host of banks and other financial institutions (FIs) are set to tap the debt market.......

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Canara Bank Mutual Fund

News for Canara Bank Mutual Fund

Banks turn to CD issuances in September amid sluggish deposit growth

MF Reduced PSU Holdings Pre-Election

'NPA recoveries has helped to reduce credit cost'

Largecap, midcap cutoff surges over 26% in latest Amfi classification

JP Morgan EM index addition: Banks, FIs look to raise Rs 18,000 crore

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