Liquidity: from tailwinds to headwindsSince the start of the pandemic, money markets in India have been flush with liquidity. Average surplus liquidity had averaged around ₹2.8tn from mid-February through late March last year. From April last year through early December, this year surplus liquidity has almost…
Banking: the CA fortress has been breached...Private sector banks have gradually taken away market share from Public sector banks over the last several years. It is one of those trends that started since private banks were allowed to be set up and has continued uninterrupted ever since. As of September-2021, Private banks…
FDI - momentum continues despite the pandemicDespite the pandemic, last year saw a record amount of FDI into India. On a gross basis (without repatriation), India received US$82bn of FDI inflows last year (FY21). This was 10% higher than the preceding year. Of this, US$61bn was equity inflows – which means the actual inflow…
