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Market move● Neutral for Indian equities
Why $143.5-billion FCNR inflows may not mean abundant bank liquidity
The brief
- Record FCNR inflows reached $143.5 billion
- SBI Research says the liquidity impact may be far smaller than headline inflows suggest
- Smaller-than-expected liquidity gains may limit support for Indian banks
- Economic outlook faces upside inflation risks, says Finmin report
- IPO pipeline swells to nearly Rs 4 lakh crore: Liquidity squeeze for secondary markets or valuation reset? Analysts weigh in
- RBI may shift govt borrowing towards shorter tenures in H2
- FD interest rate rules to change from October 1: Key changes explained
- Bank deposits, credit shrink in fortnight to September 15