Incremental CRR: As liquidity tightens, banks push CDs

August 29, 2023

The acceleration in the issuance of CDs — which are short-term debt instruments used by banks to raise funds —— comes after the RBI imposed an incremental Cash Reserve Ratio (ICRR) of 10% on the growth in bank deposits from May 19 to July 28.

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US stocks: US market drops as Trump’s rejection of Iran peace plan lifts oil prices

Following President Trump’s dismissal of Iran’s peace proposal, US market indexes experienced a downward trend, spurred by a notable surge in crude prices. This escalation

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Stock selection holds key as earnings & valuation gaps widen: Tata MF’s Chandraprakash Padiyar

Stock selection will be critical for investors as earnings and valuation gaps widen across large-, mid- and small-cap stocks, according to Chandraprakash Padiyar, senior fund

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