Short-Term Debt
NABARD raises INR 100 bln via 1-year CD at 7.22%
This story was originally published at 15:15 IST on 20 January 2026
Register to read our real-time news.Informist, Tuesday, Jan. 20, 2026
By J. Navya Sruthi and Vaishali Tyagi
MUMBAI – National Bank for Agriculture and Rural Development raised INR 100 billion through certificates of deposit maturing in one year at 7.22% Tuesday, an official from the company said. NABARD's CPs are rated 'A1+' by Crisil Ratings.
On Tuesday, indicative rates on one-year CDs rose to around 7.19%, against 7.05-7.10% Monday. Borrowing costs on three-month CDs rose to around 7.08%, from 6.90–7.00% on Monday. Rates on six-month CDs were at 7.10-7.15% Tuesday. End
Edited by Tanima Banerjee
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