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Rs 2,000 note withdrawal impact: CD, CP yield falls on expectation of improvement in bank deposits

The yields on CDs maturing in three months, which were trading in the 7.00-7.20 percent range on May 17, have now fallen to 6.80-6.95 percent. ....

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Bank credit grows by 8.21%, deposits rise 8.31%: RBI data

In the fortnight ended January 29, 2021, bank advances stood at Rs 107.04 lakh crore and deposits at Rs 148.02 lakh crore, according to the RBI's Scheduled Banks' Statement of Position in India. ....

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