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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 5.25%, Standing Deposit Facility rate at 5.00% and Marginal Standing Facility and Bank rate at 5.50%.
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Consumer Price Index
The Consumer Price Index (Combined) inflation for August 2026 was higher at 4.82% as compared to the previous revised reading of 4.45%. Core CPI has jumped to 4.5 per cent from 4.1 per cent earlier on account of steep increases in non-tradable inflation and an increase in gold prices in August.
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Wholesale Price Index
Headline WPI inflation was at 9.92%, as compared to 9.78% in July 2026, on account of higher food and fuel prices. Core WPI has moderated slightly from 8.2 per cent in July to 8.1 per cent on August 2026 owing to moderation in basic metals in August 2026
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Index of Industrial Production
IIP grew at 6.7% in July 2026, as compared to 8.8% in June 2026, on a year-on-year basis.
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