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.
Equities must remain in retirement portfolio despite market swings: Hsu
Judy Hsu, the CEO of Standard Chartered, highlights the critical role of equities in retirement portfolios despite current market fluctuations. Recent trends show a notable