Commercial banks are raising outflow rates on retail deposits as they prepare for new liquidity coverage ratio rules. These changes, effective from April 1 next year, will require more investment in high-quality liquid assets. This aims to mitigate risks of mass withdrawals, similar to the collapse of Silicon Valley Bank in the US.
Posts in category Economic Times
Reliance Infrastructure’s Rs 6,000-cr fundraising plan gets shareholders’ nod (20-10-2024)
Reliance Infrastructure shareholders have approved a plan to raise Rs 6,000 crore through a preferential issue of shares and qualified institutional placement. The first phase will involve raising Rs 3,014 crore, with significant investments coming from the company’s promoters and major financial entities.
Nifty caught in tug-of-war, follow-through buying crucial this week (20-10-2024)
Nifty shows potential recovery with bullish candlestick patterns, but buying momentum is necessary. Open interest declines and FPIs shift to bearish positions, indicating cautious trading ahead.
How to manage working capital, inventory, and receivables (20-10-2024)
Explore efficient strategies to improve working capital, streamline inventory processes, and enhance management of receivables.
Ahead of Market: 10 things that will decide stock action on Monday (20-10-2024)
Indian equity indices Sensex and Nifty50 ended a three-day losing streak, driven by Axis Bank gains, despite foreign fund outflows causing a third consecutive weekly loss for benchmarks.
Diwali Muhurat trading on November 1. NSE announces timing, other details (20-10-2024)
The NSE will host its Diwali Muhurat trading on November 1, 2024, from 6:00 PM to 7:00 PM, symbolizing the financial new year and traditionally yielding positive returns.
Gold hovers in an overbought zone, but upside still left (20-10-2024)
Gold is gaining traction amid geopolitical tensions, US election uncertainties, and global rate cuts. ETF inflows are rising, supporting a positive outlook with targets near $2800.
8 Indian stocks that align with Peter Lynch’s growth investing approach (20-10-2024)
Eight Indian stocks align with Peter Lynch’s growth investing strategy, featuring companies with strong fundamentals and growth potential, despite recent revenue de-growth.
Q2 results this week: ICICI Bank, ITC, Bajaj Housing Finance, Zomato among 182 companies to announce earnings (20-10-2024)
This week, 182 companies, including ICICI Bank, HUL, and Zomato, will report Q2 earnings. Key dates feature multiple significant announcements, impacting market sentiment and stock performance.