SENSEX
NIFTY
GOLD
USD/INR

Weather

image 37    C

Economy News

The Economic Times

Economy / The Economic Times

details

CD rates may fall up to 100 bps as banks tap overseas deposits, loans

Interest rates on short-term financial instruments like Certificates of Deposit are poised to decrease across India. This anticipated drop, estimated at 75-100 basis points by July, follows large public sector units and banks tapping overseas loans and deposits. This influx of foreign funds is expected to cool domestic yields and ease borrowing costs for businesses and the government.

11 Jun 2026 12:45 am