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Money Market

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

What are the commonly used Money Market Instrument?

Contact Us:

STCI PD is highly active in these markets and has access to the same. Clients interested in placing funds under money market may contact our Funding Desk on 022 66202213/232.

Latest News

Real gross domestic product
Real GDP growth has remained strong at 7.8 per cent for Q4 FY2025-26 owing to a robust performance by the secondary and tertiary sectors.
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Monetary Policy
Key policy rates stand as follows: Repo rate at 5.25%, Standing Deposit Facility rate at 5.00% and Marginal Standing Facility and Bank rate at 5.50%.
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Consumer Price Index
The Consumer Price Index (Combined) inflation for May 2026 was higher at 3.9% as compared to the previous revised reading of 3.5. Core inflation i.e. (CPI Ex Food and Ex-Fuel) inched up to 3.9%.
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Wholesale Price Index
Due to significant increase in fuel prices. WPI inflation printed at 9.7%, the highest so far in the new series (2022-23=100) In the new series Core WPI inflation increased significantly to 7.75% in May 2026 as compared to 7.01% a month ago, on an annual basis
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Index of Industrial Production
IIP grew at 4.9% in April 2026, as compared to 3.2% in March 2026, on a year-on-year basis.
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