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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 typically seen as a safe place to put money due the highly liquid nature of the securities and short maturities.

STCI PD is highly active in these markets and has access to the same. These short term instruments include:

Latest News

The CPI-AUGUST
The Consumer Price Index (Combined) inflation for August 2021 printed lower at 5.30% as compared to the reading of 5.59% in the previous month.
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Headline WPI inflation for August 2021
Headline WPI inflation for August 2021 printed at 11.4%, marginally higher than 11.2% recorded in July 2021, due to a surge in prices of primary articles and manufactured products
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IIP growth for July 2021
IIP growth for July 2021 printed at 11.5% as against the reading of 13.6% in June 2021, on a year on year basis.
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Real gross domestic product for Q1FY22
Real gross domestic product for Q1FY22 noted a growth of 20.1% on a year on year basis, largely due to favorable base as GDP contracted by a massive 24.4% in Q1FY21. However, GDP contracted by 16.9% on a quarter on quarter basis and by 9.2% from Q1FY20 levels.
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Third bi-monthly monetary policy for FY22
In the third bi-monthly monetary policy for FY22, the RBI Monetary Policy Committee unanimously decided to maintain status quo on policy rates. MPC continued with the state-based forward guidance. All members, except Prof. Jayanth R. Varma, voted to continue with the accommodative stance as long as necessary to revive growth on a durable basis and continue to mitigate the impact of COVID-19 on the economy, while ensuring that inflation remains within the target going forward.
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