Friday, January 15, 2021

Banks parked Rs 2 trillion excess cash amid RBI signalling

The cut-off yield, above which banks cannot claim a rate for parking excess cash, was at 3.55 percent. That was higher than the average market expectations, dealers said.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-parked-rs-2-trillion-excess-cash-amid-rbi-signalling/articleshow/80290448.cms

No comments:

Post a Comment