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Banking liquidity hits lowest since June 29; RBI data reveals Rs 2,884 crore deficit
Mumbai banking system liquidity has fallen to its lowest point since late June. This deficit is attributed to increased credit growth and central bank foreign exchange market actions. System liquidity experienced a deficit of ₹2,884 crore on Wednesday. The Reserve Bank of India's intervention is expected to worsen this liquidity gap. Economists anticipate further deficits in the coming days due to these factors.
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timesofindia.indiatimes.com
Improving liquidity helping robust growth in credit: RBI
MUMBAI: Liquidity conditions have improved further, supporting robust credit growth even as India’s external sector remains steady with an improving outlook aided by foreign…
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economictimes.indiatimes.com
Banking liquidity hits lowest since June 29; RBI data reveals Rs 2,884 crore deficit
Mumbai banking system liquidity has fallen to its lowest point since late June. This deficit is attributed to increased credit growth and central bank foreign exchange market…