ReferIndia News Certificate of deposit Issuances rise 38 Pc in June amid tight liquidity, Credit offtake

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Certificate of deposit Issuances rise 38 Pc in June amid tight liquidity, Credit offtake

Published on: July 3, 2026, 2:40 p.m. | Source: Outlook Business

Certificates of Deposit issuances by Indian banks jumped 38% year-on-year in June amid tight liquidity, strong credit offtake and tax-related outflows. Learn how HDFC Bank, Bank of Baroda, Union Bank, Canara Bank and Axis Bank drove 58% of the CD market, and why RBI’s liquidity support and LCR pressures are reshaping short-term bank funding.

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