Credit growth in the economy is influenced more by overall economic activity than by the size of the liquidity surplus, according to a recent report by Standard Chartered, an international bank.
India's banking system remained in a liquidity surplus during the past week, with average surplus funds amounting to Rs 2.04 lakh crore, according to a report by Union Bank of India.
India Ratings and Research (Ind-Ra) has published the October 2024 edition of its Credit Market Tracker. The report comments on the systemic and market liquidity with insights on interest rate transmission, short-term yields, and aggregate mutual fund sectoral debt exposure.
Mumbai (Maharashtra) [India], Sep 9 (ANI): The country's largest lender State Bank of India (SBI) on Monday announced a reduction in its marginal cost of funds-based lending rate (MCLR) by 10 basis points across all tenors.
Mumbai (Maharashtra) [India], July 29 (ANI): Government-owned State Bank of India (SBI) has slashed deposit rates on various tenors due to surplus liquidity and falling interest rate scenario.
Mumbai (Maharashtra) [India], Feb 7 (ANI): Reserve Bank of India (RBI) Deputy Governor Viral Acharya on Wednesday said that surplus liquidity in the system is moving towards the neutrality objective.