NIFTY  9,595.10  0.90%
  SENSEX  31,028.20  0.90%
 CURRENCY  Rs  64.62/$ 72.34/€, 83.25/£
  GOLD  28,884.00  0.78%
  SILVER  40,130.00  0.82%
  DAX  12,602.20  -0.15%
  FTSE  7,547.63  0.40%
  CAC  5,336.64  -0.01%
  HANG SENG  25,639.30  0.03%
  NIKKEI  19,686.80  -0.64%
  Shanghai Composite  3,110.06  0.04%
  DOW JONES  21,082.90  0.34%
  NASDAQ  6,205.26  0.69%
  S&P 500  2,415.07  0.44%
INDIAN HOTELS - MD & CEO Rakesh Sharma Resigns Due To Personal Reasons Effective Sept 30 EARNINGS REPORT - Divi's Labs To Pay Dividend Of Rs 10/Share

Seeing Improvement In Liquidity: IOB

Video:

Play this video

September 24: Indian Overseas Bank Chairman M. Narendra says banks are seeing some improvement in liquidity and overnight borrowing by banks is coming down. “While the 75bps cut in MSF has helped, we also see future OMOs from the RBI to help boost liquidity,” he says. He does not see the necessity to hike lending rates and says the focus should be on finding alternate sources of funds.