Despite surplus liquidity in banking system, market volatility remains a key concern
New Delhi [India], November 5 (ANI): Overall liquidity in the banking system is in surplus, but it is the volatility in the domestic money market that has been a key concern, said India Ratings and Research (Ind-Ra).
The rating agency was concerned about what it termed undesired tightening of monetary policy conditions in the money market.
Both equity and money markets in India have been experiencing a high degree of vola