Bank lending expanded at 16.2 per cent in the year through May 15, the fastest clip in two years, with credit demand exceeding deposit growth for the eighth straight month
Co-operative bank participation in the call money market has rebounded after a drop following RBI's mandate for NDS-CALL platform membership, says RBI report
Liquidity in the system had a deficit of Rs 2.4 trillion towards the end of the last financial year (on March 23); it is now in surplus of around Rs 3 trillion
RBI working group recommends extending call money hours to 7 PM and synchronising repo markets, while retaining current timings for G-secs and forex markets
Bank of India Money Market Fund NFO opens today: Investment objective, risk level, minimum application amount, and exit load - here's all you need to know
Secured Overnight Rupee Rate (SORR), will be developed with the support of Financial Benchmarks India Limited (FBIL), which has been requested to take the proposal forward
This surge in CD issuances is driven by quarter-end reporting, as funds raised through CDs are included under aggregate deposits, the report highlighted