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08 November 2010

Emkaynomics- Fortnightly round up of key banking and economic indicators

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Emkaynomics
Fortnightly round up of key banking and economic indicators


n     The growth in the non food credit has moved up to 21.1% for the week ended Oct. 22, 2010 and deposit mobilisation improved to 17.4%
n     The CD ratio has moved downwards to 71.3% for the week ended Oct. 22, 2010
n     Money supply growth has increased to 17.7% and the money multiplier has grown to 5.17
n     Call money rates as on Nov. 08, 2010 have shed 16bps from last fortnight to 6.6%, with a brief move to 7.67%
n     The spread between call money and reverse repo rates has narrowed as on Nov. 08, 2010 and stands at 135 bps
n     Excess liquidity is absent in the system and stood at `-111.4 bn.  The repo balances stood at ~ `429.4 bn. and reverse repo at ~ `61.4 bn. for the week ended Oct. 22, 2010
n     The spread between the long and short end OIS has eased and stand at 27bps as opposed to 30 bps last fortnight

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