Tag: money market

In Graphics: Post-dated clearing of cheques is history

Economy
The Reserve Bank of India’s new real-time cheque clearance system, aimed at improving ef ciency, is facing glitches, with some customers complaining about delays. ET takes a look back at how cheques have evolved over...

Currency watch: Rupee rises 7 paise to 88.72 against dollar; domestic markets and crude oil support gains

Business
The rupee strengthened by 7 paise to close at 88.72 against the US dollar on Friday, buoyed by positive domestic market trends and a broad decline in crude oil prices, PTI reported. Forex...

RBI injects Rs 25,000 cr via VRR route to boost system liquidity

Economy
Mumbai: The Reserve Bank of India (RBI) injected funds into the banking system as the weighted average call rate, a barometer for short-term...

WACR: WACR 18 bps higher than repo rate despite surplus liquidity

Stocks
Mumbai: The weighted average call rate, which indicates banks' overnight cost of borrowing, closed at 6.68% on Monday, 18 basis points higher than...

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