Banks are relying on non-deposit borrowings to meet rising loan demand

Such borrowings which are in addition to interbank and RBI borrowings essentially comprising various kinds of bonds raised from the market have doubled to Rs 4.95 lakh crore in early September from Rs 2.43 lakh crore a year ago, according to the latest Reserve Bank data.

from Banking/Finance-Industry-Economic Times https://ift.tt/0PsdZha