Major relief for APSEZ, Truss to be new UK PM, Sembcorp to sell India unit, Reliance enters cosmetics business and PayU-BillDesk deal gets CCI nod
6 September, 2022•1 min
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6 September, 2022•1 min
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Business
CSB Bank’s deposits are a ticking time bomb
The Kerala-based bank has been chasing costly and risky bulk term deposits amid tanking profitability.
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CSB Bank’s deposits are a ticking time bomb
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Two sovereign wealth funds come together in Abu Dhabi
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Fiscal discipline holds on paper, but the number is propped up by higher borrowing and revenue sources that are far from stable.