I-CRR effect: Banks, NBFCs rush to raise short-term funds
MUMBAI – Liquidity tightening in the banking system following the introduction of the incremental CRR (I-CRR) has prompted banks and
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MUMBAI – Liquidity tightening in the banking system following the introduction of the incremental CRR (I-CRR) has prompted banks and
Continue readingThe Reserve Bank of India may conduct variable rate repo (VRR) auction(s) as liquidity has moved into deficit mode in the
Continue readingOvernight call money market rates have hardened, going beyond the marginal standing facility (MSF) rate of 6.75 per cent, indicating
Continue readingMPC, on Thursday, maintained status quo on the key policy rate citing concerns around elevated food inflation, weather-related disruptions and
Continue readingOn August 10, the Reserve Bank of India (RBI)asked banks to maintain an incremental Cash Reserve Ratio (ICRR) of 10 per
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