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Money Market

What is 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 seen as a safe place to put money due to the highly liquid nature of the securities and short maturities.

What are the commonly used Money Market Instrument?

Contact Us:

STCI PD is highly active in these markets and has access to the same. Clients interested in placing funds under money market may contact our Funding Desk on 022 66202213/232.

Latest News

Real gross domestic product
Real GDP growth has remained strong at 7.8 per cent for Q1 FY2026- 27 owing to a robust performance by the secondary and tertiary sectors.
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Monetary Policy
Key policy rates stand as follows: Repo rate at 5.50%, Standing Deposit Facility rate at 5.25% and Marginal Standing Facility and Bank rate at 5.75%.
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Consumer Price Index
• The Consumer Price Index (Combined) inflation for September 2026 was higher at 5.54% as compared to the previous revised reading of 4.83%. • Core inflation i.e. (CPI Ex- Food and Ex-Fuel) inched up to 4.41% in September 2026.
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Wholesale Price Index
Due to an acceleration in fuel prices, headline WPI inflation was at 11.4%, as compared to 9.9% previously. Core- WPI inflation increased to 9.8% in September 2026 as compared to 8.1% a month ago, on an annual basis.
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Index of Industrial Production
IIP grew by 6.7% in September 2026, as compared to 8.0% in August 2026, on a year-on-year basis.
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