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Treasury Services

Money Market Services

Our Money Market desk helps manage Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) of the bank

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Eligibility and Documentation

Fees and Charges

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Features and Benefits

  • CDs are unsecured, negotiable promissory note issued at a discount to the face value
  • Tenor is form 7 days to 12 months
  • Attracts issuance stamp duty and is usually issued in dematerialised form
  • They are negotiable, and transferred by endorsement and delivery, after 15 days of issue
  • There is no TDS

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