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Banking: Spike in Wholesale Rates by nnsrini is a document available to read on EtoBox.

What is Banking: Spike in Wholesale Rates about?

BANKING conditions likely to get tighter with advance tax outflow (INR 550 bn) coupled with redemption of CD worth INR 1.1-1. Tn (market estimates) expected by end of December. State Bank of India (sbi) initiated a steep, unexpected 100bps increase in the relevant retail 1-2 year bucket, signaling increase in demand for funds to mop up lagging deposit growth.

Author
nnsrini
Language
EN