neutral
3h agoIndia’s CP issuances hit ₹62,300 crore in September amid festive lending surge
Private-sector commercial-paper (CP) issuances in India reached approximately ₹62,300 crore in September, while bank certificate-of-deposit (CD) raising stood at about ₹1.04 lakh crore, according to industry data. The funding surge was driven by high working-capital demand ahead of the festival season and slower deposit growth, forcing banks to seek alternative short-term funding. Analysts suggest the reliance on CP and CD funding may tighten liquidity and raise short-term yields if deposit momentum does not improve.
Market watchers will monitor whether this increases pressure on monetary policy and credit cost dynamics.
Pulse• By Pooja Kumari
Explore:High Return Equity Mutual Fund
neutral
3h agoIndia’s CP issuances hit ₹62,300 crore in September amid festive lending surge
Private-sector commercial-paper (CP) issuances in India reached approximately ₹62,300 crore in September, while bank certificate-of-deposit (CD) raising stood at about ₹1.04 lakh crore, according to industry data. The funding surge was driven by high working-capital demand ahead of the festival season and slower deposit growth, forcing banks to seek alternative short-term funding. Analysts suggest the reliance on CP and CD funding may tighten liquidity and raise short-term yields if deposit momentum does not improve.
Market watchers will monitor whether this increases pressure on monetary policy and credit cost dynamics.
Pulse• By Pooja Kumari
Explore:High Return Equity Mutual Fund
about 4 hours ago
1 min read
88 words
India’s CP issuances rose to ₹62,300 crore in September and bank CD fundraising hit ₹1.04 lakh crore amid festive season demand and deposit drag.
Private-sector commercial-paper (CP) issuances in India reached approximately ₹62,300 crore in September, while bank certificate-of-deposit (CD) raising stood at about ₹1.04 lakh crore, according to industry data. The funding surge was driven by high working-capital demand ahead of the festival season and slower deposit growth, forcing banks to seek alternative short-term funding. Analysts suggest the reliance on CP and CD funding may tighten liquidity and raise short-term yields if deposit momentum does not improve.
Market watchers will monitor whether this increases pressure on monetary policy and credit cost dynamics.
Private-sector commercial-paper (CP) issuances in India reached approximately ₹62,300 crore in September, while bank certificate-of-deposit (CD) raising stood at about ₹1.04 lakh crore, according to industry data. The funding surge was driven by high working-capital demand ahead of the festival season and slower deposit growth, forcing banks to seek alternative short-term funding. Analysts suggest the reliance on CP and CD funding may tighten liquidity and raise short-term yields if deposit momentum does not improve.
Market watchers will monitor whether this increases pressure on monetary policy and credit cost dynamics.
Tags:
economy
liquidity
economy
liquidity
short-term funding
india banking
commercial paper
Nov 10, 2025 • 05:09 IST