Banks could raise more than Rs1.4 lakh crore through bond issuances in FY23: ICRA
Given that the credit-to-deposit (CD) ratio for the banking system is expected to continue firming up, overall gross bond issuances is expected to create an all time high of Rs. 1.3-1.4 lakh crore by the end of the current fiscal year, domestic rating agency ICRA has estimated.
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