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Surplus liquidity in banking system hits Rs 5 lakh crore, highest since April
Surplus liquidity in India's banking system rose to Rs 5.05 lakh crore on August 30, boosted by FCNR(B) inflows and government spending.
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thehindubusinessline.com
India boosts efforts to drain surplus cash as dollar flows swell
The latest move marks a shift towards larger and longer-tenor operations as the RBI seeks to absorb liquidity generated by its measures to attract foreign inflows to shore up the…
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economictimes.indiatimes.com
Banking system surplus liquidity reaches Rs 5 lakh crore, highest in over four months
By the close of August, liquidity within the banking sector surged to close to Rs 5 lakh crore, fueled by government spending and inflow of foreign currency deposits. The Reserve…
