At Rs 6 lakh crore, banks’ fresh FDs in Q1 double from last year

Banks have seen money in fixed deposits (FDs) increase by Rs 6.1 lakh crore during the period April to July 3. This is more than twice the Rs 3 lakh crore of FDs added by banks during the same period in the previous financial year.



August 03, 2020 at 04:00AM