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Tuesday, September 30, 2008

RBI says ICICI Bank has sufficient liquidity

RBI says ICICI Bank has sufficient liquidity -- September 30, 2008

The Reserve Bank of India (RBI) today said ICICI Bank, India’s biggest private sector bank in terms of net profit, has sufficient liquidity. RBI further said that ICICI Bank and its subsidiary banks abroad are well capitalized.
The central bank said it was monitoring the developments and has arranged to provide adequate cash to ICICI Bank to meet the demands of its customers at its branches/ ATMs.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Wednesday, Apr 16
20:00 EIA Crude Oil Stocks Change 1 0.515M 0.400M 2.553M
20:00 BoC Press Conference 3
21:30 Fed's Hammack speech 2
22:30 20-Year Bond Auction 1 4.810% 4.632%
23:00 Fed's Chair Powell speech 3
Thursday, Apr 17
01:30 Total Net TIC Flows 1 $-48.8B
01:30 Net Long-Term TIC Flows 1 $35.2B $-45.2B
04:15 Consumer Price Index (YoY) 3 2.3% 2.2%
04:15 Consumer Price Index (QoQ) 3 0.7% 0.5%
04:30 Fed's Schmid speech 2
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