Public sector banks increased certificate of deposit issuance since 2022. Their market share rose significantly. Private banks initially led CD issuance during Covid. PSBs dominated after February 2022. Liquidity drives CD issuance. CD issuance reached a high in early 2025 due to credit demand. Private banks have longer CD tenors. PSBs use CDs for short-term funding.
Eicher Motors Q1 Results: Profit jumps 21% to Rs 1,462 crore
Eicher Motors has announced an impressive 21.4 percent rise in profits for the first quarter. Royal Enfield has set a new benchmark with its highest