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Money Market


Money market refers to all those instruments with a maturity of less than a year. Large borrowers avail resources from these markets in order to finance their short term needs. The money market is typically seen as a safe place to put money due the highly liquid nature of the securities and short maturities.

STCI PD is highly active in these markets and has access to the same. These short term instruments include:

Latest News


In its third bi-monthly policy the MPC panel cut the policy rate by 25bps to 6% while maintaining a neutral stance
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India’s retail inflation bounced off record low to 2.36% in July from 1.46% in the previous month as costs of food articles and housing soared. Core CPI rose to 3.96% compared to 3.85% in June
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Wholesale price-based
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Consequently, the policy rates are as follows: Repo rate: 6%, Reverse Repo rate: 5.75%, MSF rate 6.25%.
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The panel kept their inflation forecast unchanged at 2-3.5% for H1FY17 and 3.5-4% for H2FY17, however raising concerns over the sustainability of these levels
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India’s factory output contracted to a four-year low of 0.1% in June compared to 1.7% a month ago owing to a slowdown in manufacturing activity
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