Tuesday, January 20, 2009

Fortnightly round up of key banking and economic indicators


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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