The Reserve Bank of India is conducting auctions to absorb excess funds. This liquidity stems from special dollar mobilization programs and forex inflows. The central bank aims to manage surplus funds and control inflation pressures. Analysts expect liquidity to potentially reach fifteen lakh crore rupees soon. RBI also sold government papers to manage market liquidity effectively.

RBI conducts VRRR auctions to manage ₹6.65 lakh crore liquidity surplus from robust FCNR (B) deposit inflows.

Indias banking system liquidity surplus has surged to a record ₹9.7 trillion ($102.67 billion), surpassing the previous peak seen in September 2021. The sharp increase follows…

The RBIs special dollar deposit scheme attracted a massive $127.23 billion, pushing Indias banking system liquidity surplus to a record ₹9.70 trillion. The central bank may deploy…

Indian lenders suggested forex sell/buy swaps to reduce excess rupee liquidity. This proposal came after a meeting with the Reserve Bank of India. Banking system liquidity…

RBI officials assess strategies to sterilise ₹9.70 lakh crore liquidity surplus from FCNR(B) deposits amid soaring banking liquidity.

The Reserve Bank of India is conducting auctions to absorb excess funds. This liquidity stems from special dollar mobilization programs and forex inflows. The central bank aims…

In an effort to control escalating inflation, the Reserve Bank of India is running auctions to draw in surplus liquidity from the financial system. This move comes as call money…

The Reserve Bank of India is currently grappling with a notable liquidity dilemma due to a surge in FCNR(B) scheme inflows. To navigate this, a pivotal variable rate reverse repo…