Currently, liquidity in the banking system is in deficit of around Rs 1.63 lakh crore. Borrowing via MSF is expected to remain high for some time to come because liquidity will remain tight.
Money market experts are divided over liquidity conditions in the January-March quarter. While some believe that liquidity is likely to improve due to the government’s pre-budget spending, others expect conditions to remain tight till February-end, due to a seasonal uptick in currency leakage.
The US national debt has exceeded $33 trillion and counting. For decades, people have predicted that the dollar will crumble to dust and gold will rise to the
A Kotak Mahindra Bank report dated November 20 said that there is expectation of Rs 1.5 lakh crore outflow on the account of GST and Rs 65,000 crore due to auctions