The average systemic liquidity surplus in August stood at Rs 1.49 trillion, up from Rs 1.02 trillion in July. Over the past 12 months, the average liquidity surplus was Rs 0.49 trillion
According to RBI data, as on September 30, 2023, 37.8% of the NBFC borrowing was from banks
It downgraded First Commonwealth Financial, M&T Bank , Synovus Financial, Trustmark and Valley National Bancorp
The surplus liquidity in the banking system stood at Rs 13,377 crore on Wednesday, against Rs 4,356 crore on Tuesday, according to the latest data by RBI
Reflecting a robust economic growth, bank credit grew 16 per cent year-on-year (Y-o-Y) till January 12 in the current financial year against 16.5 per cent growth last year
The banking system's liquidity primarily stayed in deficit during the third quarter of the current financial year and it widened further in January, driven by tax outflows
ndian banking system is facing a widening liquidity deficit, reaching levels last seen in 2016, that may prompt the central bank to provide another round of short-term cash infusion
"OMO is out of the picture right now because it will also disrupt the overall supply at this point in time," said a dealer at a state-owned bank
In November, banks issued CDs worth Rs 75,884 crore
The gross NPA ratio of the bank is around 12 per cent, and the regulator aims to bring it down to 8 per cent through sustained recovery efforts
The deficit was the highest since Dec 26, 2018, when it had hit Rs 1.86 trillion, according to economists
The RBI Governor, Shaktikanta Das, had said on Friday that the central bank might conduct open market operations to mop up excess liquidity
Banks park Rs 2,760 cr with central bank as RBI hints at open market operations
RBI had decided on September 8 to discontinue the I-CRR by October 7, in a phased manner
"The estimates are that around Rs 90,000 crore to Rs 1 trillion will go out as goods and services tax (GST) outflow," a dealer at a primary dealership said
Although sales from the HTM category are still permitted, internal reclassifications can now only occur under exceptional circumstances
There are signs of improvement in the liquidity scenario as banks parked Rs 25, 833 crore with the RBI on Thursday
The withdrawal of the Rs 2,000 note will likely result in a spurt in liquidity. How are the subsequent changes likely to impact you? Read more to find out
The process to withdraw the Rs 2,000 note started from May 23
India's central bank may buy as much as 1.5 trillion rupees ($18 billion) of government bonds to replenish banking liquidity that's expected to tighten later in the year, according to a top banker.