MONEY & BANKING
FINANCIAL POLICY
Money multiplier falls on CRR hikes
Further declines likely in coming weeks
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DEBT MARKET
Bonds rally as liquidity, deposits surge
Markets remained awash with liquidity, largely on account of the reserve money expansion, inward remittances by non-resident investors and deposit build-up. Outlook bearish as markets see Fed rate cut, higher credit offtake
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NON-PERFORMING ASSETS
PSBs recover Rs 6,376-cr dues till March 2006
Public sector banks have until March 31, 2006 realised dues worth Rs 6,376 crore through the SARFAESI legislation. The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act 2002 enabled banks ...
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CREDIT MARKET
`Budget aims to transform rural economy'
`Our agricultural loan target in the coming fiscal is Rs 2,25,000 cr'
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