Banks prefer to give loans now than buy bonds https://ift.tt/tv1rcmW from the Reserve Bank of India (RBI) showed that the investments to deposits ratio is now closer to 29% compared with a recent peak of 30% recorded in August indicating that banks have started shifting their deposits to higher yielding loans as credit demand picks up.
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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