n While the growth in the non-food credit was at 26.2%, the deposits growth remains lower at 21.4% for the week ended December 05, 2008.
n The incremental CD ratio was higher at 88% for the week ended 05 December 2008, however down from 97.7% in the last month.
n Inflation for the week ended December 06, 2008 falls significantly to 6.84% as compared to 8.0% reported in the last week.
n Call rates firmed during the week and was hovering around upper end of the LAF corridor as the advance tax outflow tightened liquidity.
n Events to watch –India Trade balance & WPI and US GDP.
Monday, December 22, 2008
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