Funds crunch: Banks and NBFCs rush to the money market
August 25, 2023
Funds crunch: Banks and NBFCs rush to the money market Subject: Economy Section: Capital Market Context: Banks raising short term finance due to liquidity crunch caused by the incremental CRR (I-CRR) norm. Key Points: Liquidity tightening in the banking system following the introduction of the incremental CRR (I-CRR) has prompted banks and NBFCs […]