Fortnightly round up of key banking and economic indicators
n While the growth in the non-food credit was at 23.7%, the deposits growth remains lower at 21.1% for the week ended January 02, 2009.
n The incremental CD ratio has been slipping over last few fortnights and was at 81.3% for the week ended January 02, 2009.
n Inflation for the week ended January 03, 2009 stood at 5.24% as compared to 5.91% reported in the last week as the WPI continued to slide
n Call rates softened during the week and was hovering around lower end of the LAF corridor.
n Events to watch –RBI, FOMC and Japan monetary policy meet and US GDP data.
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