Sectoral Equity Indices & Market Analysis
33
3 2
5
4
Jan-21
Feb-21
Mar-21
Confidential/Restricted
-1000
500
2000
5000
3500
Jan-20
Jan-20
Mar-20
Mar-20
Apr-20
May-20
Jun-20
Jul-20
Aug-20
Sep-20
Oct-20
Nov-20
Dec-20
Jan-21
Feb-21
Mar-21
Apr-21
May-21
Jun-21
8
7
Short term yields turned volatile and traded with an upward bias
6
Certificate of Deposit Yields (%)
3 Month CD (PSU)
6 Month CD (PSU)
12 Month CD (PSU)
Apr-21
May-21
Jun-21
Jul-21
Aug-21
Sep-21
Oct-21
Nov-21
Dec-21
Jan-22
Feb-22
Mar-22
Apr-22
May-22
Jul-21
Aug-21
Sep-21
Oct-21
Nov-21
Dec-21
Jan-22
Source:- RBI
Classification - Restricted
Banking system liquidity remained in Deficit mode for most part of October 2022...
8000
6500
Net Banking System Liquidity
Rs. Bn
Banking system liquidity
moved in the range of
surplus Rs.1.17 trillion to
20
deficit Rs.983.72 bn
18
during the month.
16
14
Bank Credit Growth % (YOY)
Bank Deposit Growth % (YOY)
As on 21 Oct 2022 Banks' credit growth stood at 17.9% YoY
whereas Deposit growth was at9.6% YoY
Jun-22
Jul-22
Aug-22
Sep-22
Oct-22
Source:- Bloomberg
Feb-22
Mar-22
Apr-22
May-22
Jun-22
Jul-22
Aug-22
Sep-22
Per cent
Oct-22
6.9
6.4-
5.9-
5.4-
4.9-
4.4-
3.9-
3.4
2.9
18-May-21
06-Jun-21-
25-Jun-21-
14-Jul-21
02-Aug-21-
21-Aug-21-
09-Sep-21-
28-Sep-21-
17-Oct-21-
05-Nov-21-
Tri-party repo
3-month T-bill
3-month CP (NBFC)
64
12
10
8
° 00
Jan-21
Mar-21
Apr-21
May-21
Jun-21
Jul-21
24-Nov-21-
13-Dec-21-
01-Jan-22-
20-Jan-22-
08-Feb-22-
27-Feb-22-
Aug-21
Oct-21
Nov-21
Dec-21
Jan-22
Feb-22
Mar-22
source:- Bloomberg
b: Money Market Rates
HDFC BANK RESEARCH
Classification - Restricted
HDFC BANK
We understand your world
18-Mar-22-
06-Apr-22-
25-Apr-22-
14-May-22-
02-Jun-22-
21-Jun-22-
10-Jul-22-
29-Jul-22-
17-Aug-22-
05-Sep-22-
24-Sep-22-
13-Oct-22-
Market repo
3-month CD
Source:- RBI
Apr-22
Jun-22
Jul-22
Aug-22
Sep-22
Oct-22View entire presentation