Share of daily cash volumes declines to a decade's low https://ift.tt/tnzDZQj average daily cash market turnover in 2022 was ₹61,942 crore compared to ₹75,198 crore a day in 2021. The market capitalisation has increased from an average of ₹148 trillion in 2020 to ₹263 trillion in 2022. The average daily turnover in 2020 was ₹57,614 crore a day.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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