PSU banks brace for CASA recovery as fixed deposit rates decline: Santanu Chakrabarti

​So, if you analyse why money supply or deposit growth in the last two years has not kept pace with the amount of credit that has got created, it becomes very clear that partly it is because of the external account where capital flows have not been that strong, but mostly is because RBI has gone from maintaining an excess liquidity situation into a liquidity shortfall.

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Asian stocks trade in narrow ranges after US rally

Asian stocks displayed cautious trading as investors awaited further market signals, following Wall Street’s recovery from earlier losses driven by easing trade tensions and lower-than-expected