Question

29 certificate of depoists are 1 point
issued by
o commercial banks
O foreign banks
regional rural bank
local bank​

Answer 1

Answer:

CDs can be issued by (i) scheduled commercial banks excluding Regional Rural Banks (RRBs) and Local Area Banks (LABs); and (ii) select all-India Financial Institutions that have been permitted by RBI to raise short-term resources within the umbrella limit fixed by RBI.

Explanation:

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