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₹9.70 lakh cr FCNR(B) deposits related surplus: RBI weighs absorption options
RBI officials assess strategies to sterilise ₹9.70 lakh crore liquidity surplus from FCNR(B) deposits amid soaring banking liquidity.
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thehindubusinessline.com
Robust inflows into FCNR (B) deposits: Banking system liquidity surplus at ₹6.65 lakh cr
RBI conducts VRRR auctions to manage ₹6.65 lakh crore liquidity surplus from robust FCNR (B) deposit inflows.
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economictimes.indiatimes.com
FCNR rush leaves banks swimming in ₹6.65 lakh crore liquidity
Banking system liquidity has reached a four-year high as FCNR(B) inflows entered the market. This excess liquidity has pushed the weighted average call rate significantly below…
