22 November 2010

Fortnightly round up of key banking and economic indicators: Emkay

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Emkaynomics
Fortnightly round up of key banking and economic indicators


n     The growth in non food credit has moved up to 21.6% for the week ended Nov. 05, 2010 and deposit mobilisation dropped to 15%
n     The CD ratio has moved upwards to 73.4% for the week ended Nov. 05, 2010
n     Money supply growth has dropped to 16.5% and the money multiplier inched down to 4.89
n     Call money rates as on Nov. 22, 2010 have shed 33bps from last fortnight to 6.7%, with a brief move to 7.35%
n     The spread between call money and reverse repo rates has narrowed as on Nov. 22, 2010 and stands at 152 bps
n     Excess liquidity is absent in the system and stood at `-671.8 bn.  The repo balances stood at ~ `842.3 bn. and reverse repo at ~ `42.8 bn. for the week ended Nov. 05, 2010
n     The spread between the long and short end OIS has eased and stand at 10bps as opposed to 27 bps last fortnight

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