
₹2,000 note withdrawal ‘non-event’; favourable impact on liquidity: SBI
Impact on deposits will be limited; almost the entire amount of ₹3.6 lakh will come back to the banking system, says a report
Impact on deposits will be limited; almost the entire amount of ₹3.6 lakh will come back to the banking system, says a report
Start to this can be made with some of the smaller export partners; global economy continues to be characterised by significant volatility, says latest SBI Research report
Governor Shaktikanta Das has said that RBI will undertake a gradual, multi-year exercise to withdraw the ₹8.5 lakh crore liquidity overhang in the economy.
The RBI would be moving from an accommodative to neutral stance, which will be in harmony with the rate hikes, predicts Sanjiv Chadha of Bank of Baroda.
We will have to do it steadily and ensure that growth is not affected. Caution is the word: FM.
Liquidity has been the most important factor fuelling an exuberant rally. The critical question is whether it will sustain.
At its first monetary policy review for 2021, the central bank kept key rates unchanged, while announcing several measures to manage liquidity.
According to the RBI, the gross NPA ratio of all scheduled commercial banks may increase from 7.5% in September 2020 to 13.5% by September 2021, and even escalate to 14.8% in severe stress scenario.
RBI’s status quo on interest rates, guidance on inflation and GDP, and thrust on economic growth pushes equity indices to new lifetime highs.
Foreign portfolio investors have seen ₹60,358 crore net inflows in equity, helping reverse March’s record equity outflow of ₹61,973 crore.