The rating agency opines that the transmission of monetary policy in the banking system could intensify in FY24 driven by the sharp rise in bank's marginal cost of funding.
Mumbai (Maharashtra) [India], December 28 (ANI): The outstanding liquidity in banking system amounted to Rs 5.09 lakh crore as on December 24, Rs 50,386 crore higher than that in the previous week (Rs 4.58 lakh crore as on December 18), CARE Ratings said on Monday.
Mumbai (Maharashtra) [India], September 1 (ANI): The system liquidity though still in surplus territory contracted to average Rs 3.5 lakh crore in July from above Rs 5 lakh crore in June, India Ratings and Research (Ind-Ra) said in its latest edition of credit market tracker.
Mumbai (Maharashtra) [India], Nov 25 (ANI): Emkay Global Financial Services said on Monday that India's savings which have been steadily falling since 2018-19, appear to be flattening out.
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.
Mumbai (Maharashtra) [India], Dec 6 (ANI): Reserve Bank of India (RBI) Deputy Governor Viral Acharya on Wednesday highlighted that as far as the present condition is concerned, the banking system liquidity is moving towards neutrality.