funding costs

Liquidity tightness to continue in the near term, how will banks fare? Gaurav Kochar answers

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Liquidity tightness to continue in the near term, how will banks fare? Gaurav Kochar answers

Gaurav Kochar, Fund Managers, Mirae Asset Investment, says for banks with very strong liability franchises, large private banks, the large PSU banks, deposit mobilisation is not that big a challenge. While the challenge is real for all banks, but the larger banks relatively are better placed in this given that they have the distribution and … Read more

Banks may alert RBI as rising funding costs sting amid ​sustained liquidity drainage

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Banks may alert RBI as rising funding costs sting amid ​sustained liquidity drainage

Mumbai: Banks are likely to make representations to the Reserve Bank of India (RBI) on sustained liquidity drainage that has pushed up funding costs for lenders despite unchanged policy rates for nearly a year. Liquidity has steadily declined with the central bank repeatedly stressing the primacy of maintaining price stability as Indian voters get ready … Read more