NBFCs continue to dominate CP issuances in March; CD borrowings may moderate in FY27: Ind-Ra
Published on: March 31, 2026, 2:06 p.m. | Source: The Economic Times
Non-banking financial companies actively tapped the commercial paper market in March, driven by year-end funding needs, while corporates adopted a cautious approach due to high borrowing costs and ample internal funds. This trend is expected to continue. Bank certificate of deposit issuances remained stable, suggesting easing short-term funding pressures in the banking sector.
