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......

Tracking non-food retail inflation trends in India

Amid a debate on the basis of a monetary policy stance, one may be curious enough to know how non-food retail inflation has behaved over the years in India. Illustration: Uttam Ghosh/Rediff.com......

Banks make beeline for fundraise via infrastructure bonds

Public-sector banks, including Canara Bank and Bank of India, are tapping the infrastructure bond market. Illustration: Uttam Ghosh/Rediff.com Canara Bank on Tuesday raised Rs 10,000 crore at a......

Can the 'new' HDFC Bank reclaim its old glory?

For over a decade, HDFC Bank consistently outperformed industry growth rates in both deposits and advances, maintaining impeccable asset quality. IMAGE: Sashidhar Jagdishan, managing director and......