Tight liquidity, deposit struggle pushes SBI to raise ₹6,000 cr via CDs at 6%
MINT·2026-01-08 05:46
Group 1 - The State Bank of India is entering the Certificate of Deposit (CD) market, which is considered a rare move [1] - This action highlights that there is a robust supply in the shorter end of the market, indicating strong credit off-take [1] - However, the bank is facing challenges with deposits, suggesting a potential liquidity issue [1]