Thursday, October 6, 2011

Banks breathe easy as liquidity improves

For the first time since the start of this financial year, liquidity in the banking system has turned to surplus mode, as banks garnered deposits towards the end of the second quarter. Most banks have parked funds worth Rs 41,530 crore with the Reserve Bank of India (RBI) in the last two days under the liquidity adjustment facility (LAF)....

Read........... 

No comments: