India call money steady near repo rate on tight cash
MUMBAI, June 10 (Reuters) – Indian overnight cash rates were steady near the RBI repo rate on Thursday, and traders said, the fall in banks’ morning repo borrowing suggested banks probably borrowed more than required in recent days.
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India cbank braces for 3G cash outflows
* Ready to provide adequate liquidity for 3G outflows-cbank
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Reform in Congress Lacking Cash Clause to Stop Lehman-Like Runs
In 2,615 pages of financial reform legislation introduced in the U.S. Congress, there are no rules to ensure that banks keep enough cash-like assets when credit disappears.
